The use of system prices to be implemented by Korfez Electricity Distribution Company through 1 September 2003 are stated in the table below.

The below prices do not include charges arising from the transmission tariff. While charging the Distribution Use of System Prices, Korfez Electricity Distribution Company shall separately show the charges arising from the transmission tariff.

 

CUSTOMER GROUPS

Distribution Use of System Price

(TL/kWh)

INDUCTION AND ARC FURNACES

5.350

INDUSTRY

5.800

DRINKING AND USAGE WATER

5.700

TREATMENT FACILITIES

5.800

COMMERCIAL SITES, OFFICES, GOVERNMENT OFFICES, CONSTRUCTION SITES AND TEMPORARY CUSTOMERS

6.950

REFRIGERATED WAREHOUSES FOR AGRICULTURAL PRODUCTS

5.700

RESIDENCES            

6.100

Charities, Associations, Foundations, Museums, Public Schools, State-owned Dormitories, Public Universities, Public Vocational Schools, Public Training Courses, State-owned Medical Institutions, Public Sports Facilities, Fish Farms and Poultry Farms

6.100

FAMILIES OF MARTYRS AND VETERANS

5.650

AGRICULTURAL IRRIGATION

5.700

ILLUMINATION OF SANCTUARIES, GENERAL LIGHTING

5.700

For the year 2003, there shall be no increases in the Distribution Use of System Prices determined on the basis of customer groups, unless monthly CPI increases, as announced by the State Institute of Statistics, reach 20% cumulatively. In case the cumulative monthly CPI increase exceeds 20%;and in case there is a change in the macroeconomic indicators that form the basis of the General Investment and Financing Decree issued by the Undersecretariat of Treasury for the year 2003; or in case Korfez Electricity Distribution Company proposes changes to the tariffs due to other reasons, new tariffs shall be implemented, subject to Energy Market Regulatory Board approval.