Electricity tariff to fall in Georgia starting January 1

Business Materials 24 December 2012 19:43 (UTC +04:00)

Georgia, Tbilisi, Dec. 24 / Trend, N. Kirtskhalia /

Electricity tariffs will decrease in Georgia starting January 1, Georgian Minister of Energy and Natural Resources Kakha Kaladze said.

He said the tariff for 100 kWh will drop by 27%, while the tariff for 300 kWh will fall by 21.5%.

"This will lead to a reduction in tariffs by 3.5 Tetri ($ 1 = 1.66 Lari) in total, which will cover 90% of our population," Kaladze said.

He said tariff reduction is carried out through the companies.

"The claim that tariff reduction is connected to the obligations of companies to the state is false," Kaladze said.