Starting from January 1st, electricity prices have increased in Northern Cyprus
As of January 1, 2024, new electricity tariffs have come into effect in Northern Cyprus. On average, electricity in the country has increased by almost 7%.
In particular, the Cyprus Turkish Power Authority (KIB-TEK) announced an increase of 6.78% for all types of tariffs. However, tariffs for low-income groups of the population will not be increased for now.
In the standard tariff for the population, the price for 0–250 kilowatts per month has increased from 2.6963 to 2.8791 TL,
251–500 kWh from 5.5625 to 5.9396 TL,
501–750 kWh from 5.9810 to 6.3865 TL,
751–1000 kWh from 6.4831 to 6.9226 TL,
and over 1000 kWh from 7.7383 to 8.2629 TL.
It is worth noting that the last time electricity tariffs in Northern Cyprus changed was a month ago. Since December 1, 2023, electricity prices have increased by 7%.
You may also be interested in:
- The trial of Afik Group head Simon Mistrel Aykut continues in Cyprus.
- Turkey increases taxes on deposit and investment income to reduce budget deficit
- KTTB: "The Teknecik power plant continues to harm human health and the environment"
- The Municipality of Girne announced that the water quality at city beaches is classified as “excellent”.
- A maximum ticket price has been set for regular flights between Ercan Airport and major cities in Turkey
