New electricity tariff in north Cyprus come into force today

The new electricity tariff fees increase announced by the Cyprus Turkish Electricity Authority (Kib-Tek) last week came into force as of today.

Electricity tariffs in north Cyprus increased by almost 12 per cent on Tuesday, with users now paying more for their electricity than people living in the south.

For residential properties paying the flat-rate tariff, the first 250 kilowatt hours or usage will now be charged at 4.8044TL per kilowatt hour, up from 4.3026TL per kilowatt hour.

The fee per kilowatt hour for usage between 251 and 500 kilowatt hours has increased from 8.8763TL  to 9.9115TL, while the fee per kilowatt hour for usage between 501 and 750 kilowatt hours has increased from 9.5442TL to 10.6573TL.

At the higher end of usage, the fee per kilowatt hour for usage between 751 and 1,000 kilowatt hours has increased from 10.3453TL to 11.5519TL, while the fee per kilowatt hour for usage above 1,001 kilowatt hours has increased from 12.3482TL to 13.8069TL.

The fixed monthly usage fee for residential properties stands at 79.29TL.

For residential properties paying the “three-time” tariff, the normal rate – between 7am and 5pm – has increased from 8.8763TL per kilowatt hour to 9.9115TL per kilowatt hour.

The “peak” rate – between 5pm and 10pm – has increased from 12.2795TL per kilowatt hour to 13.7116TL per kilowatt hour, while the “off peak” rate – between 10pm and 7am – has increased from 5.8513TL per kilowatt hour to 6.5337TL per kilowatt hour.