On Monday the price of electricity in Northern Cyprus will increase by more than 20%. News received a negative reaction from consumers and businesses, who are threatening large-scale protests.
Chairman of the Trade Union of Electricity Caglayan Cesurer said: "The price of electricity used up to 250 kW, will increase by 18.42 %. Electricity used between 251 and 500 kW, will increase by 28.85 % in value, and electricity used between 751 kW and more, to increase by 29.23 %. Prices were not properly adjusted for the cost of fuel since 2009. Fuel for the power plant is purchased in foreign currency, which has increased in value against Turkish lira. These factors have prompted officials to impose new electricity prices. Previously, the fuel price was $ 300 per metric ton, but today the price is $600. "
Share on social networks:
Hot News North Cyprus: Key Events of the Week August 10 to August 17 2026
Hot News North Cyprus: Key Events of the Week August 10 to August 17 2026Northern Cyprus News: July 2026 Digest
The real estate market and infrastructure of the Turkish Republic of Northern Cyprus (TRNC) continue to develop actively, moving towards a phase of maturity and increased security for foreign investors. Here is our key overview of the main events and legislative changes on the island over the past week.Northern Cyprus: Key Developments in July 2026
Stay updated with the latest Northern Cyprus news, including property regulations, investment trends, infrastructure developments, tourism updates and key events shaping the future of the island in 2026.Northern Cyprus Property Market: A More Mature Market
The Northern Cyprus property market is evolving. After years of rapid growth, the market is becoming more mature while buyers are becoming more selective. Why is demand for completed properties increasing, which areas remain the most attractive, and what opportunities lie ahead for investors? AllianceNC reviews the key trends shaping the market in 2026.
