Things You Should Know About "Electricity Cost"

The components of electricity bills consist of four main parts:

• Electricity Generation Costs (Base Tariff) This includes the expenses associated with constructing power plants, the transmission and distribution systems, as well as the fuel costs used for electricity generation.

• Fuel Adjustment Factor (Ft) Recalculated every four months, the Ft reflects the changes in costs incurred beyond the base tariff, allowing for adjustments to accurately reflect the actual costs.

• Service Fees These encompass the costs of meter reading, billing preparation, and electricity service administration.

• Value Added Tax (VAT) A 7% VAT imposed in accordance with the law.