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Last minute: 20 percent increase in natural gas and electricity rates! BOTAŞ announced that ‘it has not been reflected to date, but …’ – The right address for financial news

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Last minute: The September fare table has been published on the Pipelines and Petrol Taşıma AŞ (BOTAŞ) website. As a result, the sales price of natural gas used for electricity generation was increased by 49.5%, the sales price of natural gas used in industry was increased by 50.8%, and the sales price of natural gas used in homes was increased by 20.4%. Another bad news for citizens came from the Energy Market Regulatory Authority (EMRA). In the electricity sector, it was announced that the residential subscriber rate was increased by 20% and the industrial and commercial subscriber rate was increased by 50%. Here are the details of the latest news …

The following statements were included in the statement released by BOTAŞ:

“As is well known, natural gas is an imported energy source and over 99% of it comes from foreign supply sources under international agreements.

‘THE HIGH PRICES OF NATURAL GAS HAVE NOT BEEN REFLECTED TO OUR CONSUMERS AT THE SAME PRICE TODAY’

Due to the growing demand for natural gas with the diminishing effect of the pandemic in the world, there has been a sharp increase in natural gas prices in global energy markets, and this situation is well known and followed by the public. Furthermore, after the war between Russia and Ukraine, which is Europe’s largest supplier of natural gas, the increase in natural gas prices continued to rise and there was an increase of up to 2000% in gas prices. natural in global markets compared to the pre-pandemic period. On the other hand, the high prices of natural gas in global markets have not reflected on our consumers at the same pace to date.

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On the other hand, according to the independent publication Household Energy Price Index (HEPI-Household Energy Price Index) and EUROSTAT data, natural gas with the lowest price among European countries is used in residences and industrial plants.

Unfortunately, as of September 1, 2022, it has become mandatory to regulate natural gas sales prices in a way that affects our consumers at the lowest possible level. In this context, with effect from 1 September 2022;

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HERE ARE THE INCREASES

  • An average of 20.4% of the final sales prices of natural gas used in residences,

  • Average of 47.6% of the final sales prices of natural gas used in Small and Medium Enterprises

  • An average of 50.8% of the final sales prices of natural gas used in industry

  • The final sales prices of natural gas used for the production of electricity increased by an average of 49.5%.

Despite these increases, over 80% continue to support our consumers, especially in the natural gas used in residences.

30 PERCENTAGE HIGH IN JUNE

The price of natural gas used in homes was last increased by 30 percent in June last year.

ELECTRICITY IN GREAT INCREASE

The Emra communiqué states that the Russia-Ukraine war, which began at a time when the effects of the epidemic continued to affect global economies, had serious consequences for the entire world energy market, especially for European countries. .

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Specifying that in this process, which is also interpreted as the “global energy crisis”, extraordinary increases have occurred in all raw materials, the following is noted:

“This situation has also negatively affected the costs of energy production in our country. Especially in recent months, due to the increase in the prices of energy raw materials on global markets, by 20 per cent for groups of subscribers to residential activities. and agricultural and 30 per cent for the public and private service sector and other subscriber groups in final electricity tariffs: “A 50 per cent increase was achieved for the industrial subscriber group. With this increase, the amount to be paid for a residential subscriber consuming 100 kilowatt hours of electricity has become 173.46 lire “.

ELECTRICITY WAS ALSO NOW IN JUNE

In June, electricity used in housing and agricultural activities was increased by 15% and the tariff for industrial and commercial subscribers was increased by 25%.

The new rates will take effect on September 1st.

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