State electricity authority Kib-Tek raised prices by 15 percent from November 1, and prices will rise again by 7 percent from December 1.
This is the fourth price increase in 2023.
Depending on the amount of electricity consumed, the uniform tariff for the population from 0 to 250 kW ranges from 2.5199 to 2.6963 Turkish lira; The tariff for households for 251–500 kW has been increased from 5.1986 TL to 5.5625 TL; The residential tariff for 501–750 kW has been increased from 5.5897 TL to 5.9810 TL; The tariff for the population for 751–1000 kWh increased from 6.0590 TL to 6.4831 TL, and for over 1000 kWh - from 7.2321 TL to 7.7383 TL.
For the three-phase tariff for the population, the price increased from 7.1919 TL to 7.6952 TL during peak hours (from 17:00 to 22:00); from 5.1987 to 5.5625 TL during regular hours (from 07.00 to 17.00) and from 3.4270 to 3.6668 TL during off-peak hours (from 22.00 to 07.00).
reports Yeniduzen.
Share on social networks:
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.Northern Cyprus Real Estate, June 2026 – Key Market Highlights
North Cyprus: Property Market and Tourism Update – June 2026. The North Cyprus property market continues to evolve as it enters a more stable phase of growth. Which areas remain the most sought-after? What is happening in Iskele and Esentepe? How is tourism supporting property investment opportunities in 2026? Read AllianceNC's latest June market overview.North Cyprus Real Estate 2026: Property Prices, Rental Yields and Investment Guide.
North Cyprus Real Estate 2026: Property Prices, Rental Yields and Investment Guide.Rental Prices in North Cyprus Continue to Climb
Latest statistics reveal that apartment rental prices in the TRNC have increased by nearly 47% in Turkish Lira terms and around 24% in British Pounds over the past year. Kyrenia, Lefke and Iskele remain the most expensive regions, while rental properties priced in Turkish Lira are becoming increasingly difficult to find. Discover the latest market trends and regional rental price differences across North Cyprus.
