Electricity ceiling price increased by 60 percent in four months: “There is a payment crisis”

Noting that the ceiling price application, which has been implemented in the electricity market since April 2022, changes every month, a deputy from opposition party CHP said, “The ceiling price in electricity has increased by 60 percent in four months, from 2,500 TL to 4,500 TL per megawatt hour. As the Turkish lira depreciates, the ceiling price goes up, and there is a major payment crisis in the electricity sector” he said.

AHMET AKIN a deputy from The Republican People’s Party (CHP) said the ceiling price application brought to the market clearing price (PTF in order to limit the increase in the cost of electricity production had changed for the fourth time in four months and noted following: “ceiling price increased by 60 per cent in the four months megawatt price going up to 4000 TL from 2500 TL. As the Turkish lira depreciates, the ceiling price goes up, and there is a major payment crisis in the electricity sector.”

He pointed out that the ceiling price application, which was first to be applied on April 1, 2022 in the electricity market, changed every month.