Power Plant Fuel Cost Clarified in Electricity Bills

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Outlining the mechanism for calculating the cost of power plant fuel, Tawanir said: “This cost is determined on the basis of inter-ministerial approvals and by applying technical and economic considerations.

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Regarding the increase in electricity prices, the electricity industry spokesman said: "Following the increase in the rate of fuel delivered to power plants and the announcement of the fuel certificate rate by the Ministry of Oil, the ceiling for the price of electricity in the wholesale market has increased since the beginning of November."

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The cost of power plant fuel has been added to electricity bills since the beginning of November, and the amount paid by subscribers is calculated in stages based on their consumption.

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A spokesman for the electricity industry announced the gradual application of power plant fuel costs in electricity bills starting in early November, and said that the amount of increase in subscribers' payments will be determined based on consumption levels; low-consumption subscribers will face the lowest cost increase.