How is the Electricity Price Formulated?

How is the Electricity Price Formulated?

Since transitioning into a free market, electricity price is subject to various factors — electricity price, consumption, and even the type of connection. 

Your total electricity bill consists of several components: 

• Electricity price offered to you by the electricity supply company of your choice 
• Transmission and distribution system service fee determined by EMRA (Energy Market Regulation Agency) for all customers 
• Mandatory supply and capacity components determined and controlled by the state
• In addition, 18% VAT is applied to the total electricity payment