PM Gakharia: ‘gov’t will cover increased electricity fees for households which consume less than 300 kWh in 2021’
The new tariffs will come into effect from January 1, 2021 and will be valid until December 31, 2025. Photo: Energo Pro Georgia/Facebook.
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Georgian Prime Minister Giorgi Gakharia has stated that the government will cover increased electricity fees for households which consume less than 300 kWh of electricity per month in 2021.
Electricity distribution companies Telasi and Energo-Pro Georgia are going to increase the tariff for households by 3.5 tetri from January 1, 2021, while the tariff will be increased by 11 tetris (per one kWh) for non-household consumers of Telasi.
There are a total of 1.7 million consumers in Georgia, of which 1.6 million consume less than 300 kWh of electricity per month. This means that for 95 per cent of the Georgian households, the increased price of electricity will be fully subsidized. As our citizens and their families will face rather serious economic challenges in 2021, the increase in electricity tariffs should not become an additional challenge for them”, said Gakharia.
In 2021, the Georgian government will also subsidize 50 per cent of the difference between the current and the increased electricity tariff for all primary food processing companies.
The new tariffs will come into effect from January 1, 2021 and will be valid until December 31, 2025.
A significant increase in electricity tariffs is inevitable, says energy company Energo-Pro Georgia.
Tbilisi Energy gas supply company will not increase the cost of natural gas for commercial consumption. Economy Minister Natia Turnava stated today.
Seven business associations have released a statement in response to the increase of natural gas prices for the commercial sector that are coming into effect on January 3, 2021 , saying that Tbilisi Energy’s decision is ‘not understandable amid the pandemic and the decision will also influence households as increasing prices for the business sector will increase costs and thus prices of products.’
The government will cover the utility fees of certain citizens starting November for four months based on their level of consumption of power and gas.
The Georgian government has identified business sectors in the country which will benefit from a state subsidy which will cover 50% of the increased electricity fees that went into effect on January 1.
Energy projects have not been suspended in Georgia despite the pandemic, said Georgian Economy Minister Natia Turnava today adding that 670 MW worth of hydropower plants have either been put into operation or moved to the construction stage in 2020.
The price of natural gas will increase in the Georgian capital city of Tbilisi by 8 GEL per 100 cubic meter of gas starting June 1, announces the Georgian National Energy and Water Supply Regulatory Commission (GNERC).