...

Iranian energy minister confirms increase in water and electricity bills

Oil&Gas Materials 11 January 2014 14:05 (UTC +04:00)

Baku, Azerbaijan, Jan.11

By Fatih Karimov - Trend:

Iranian energy minister Hamid Chitchian has said that water and electricity bills will be increased by 10,000-50,000 rials (400 cents to $2), the YJC reported on January 11.

However, the issue should be ratified by the cabinet of ministers as well as the Subsidy Reform Organization, he added.

At present, 50 percent of families across the country pay less than 50,000 rials for their water and electricity bills, the minister stressed.

Previously, Chitchian said that the subsidy reform plan has stipulated raising water and electricity stage by stage, but the law has not been implemented properly. So, we decided to raise water and electricity bills considering that related costs have been increased, he explained.

On November 11, Mehr News Agency quoted Iranian deputy energy minister Alireza Daemi as saying that water and electricity bills in Iran will be increased in the next solar year, which will begin on March 21, 2014.

The energy ministry has proposed scenarios to the administration for increasing water and electricity bills in the next year, the minister said.

According to the current year's budget law, the administration is allowed to increase water and electricity bills by maximum 38 per cent, he explained.

Tags:
Latest

Latest