Energy
0

Higher Gas Tariffs for Heavy Consumers

As per the new directive, those who consume less than 300 cubic meters of gas per month will not witness any changes in tariffs, but those whose monthly consumption exceeds this volume will be charged 50% more compared to the first group
Higher Gas Tariffs for Heavy Consumers
Higher Gas Tariffs for Heavy Consumers

The government has approved the Oil Ministry’s proposal to hike natural gas tariffs in the household sector, based on which the vital commodity’ price will rise on average by 50% for heavy consumers compared to last year’s tariffs, the head of the National Iranian Gas Company said.
“The new rates will go into effect on Dec. 11. Higher tariffs are aimed at compensating a part of production and distribution costs and encouraging subscribers to consume less. Heavy consumers, who use more than 500 cubic meters of gas per month, will be levied heavy fines,” Majid Chegeni was also quoted as saying by ISNA. 
Imprudent gas customers account for less than 35% of the total number of users, but they gobble up more than 50% of the total gas output supplied to households.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com