Investing.com -- Turkey’s energy regulator, EPDK, has announced that electricity and natural gas prices for certain users will be raised starting from Saturday. According to a statement released by the EPDK on Friday, electricity prices will see a 25% increase for residential use and a 10% increase for industrial use.

In addition, natural gas prices will also be adjusted. Industrial users are expected to experience a 20% increase in natural gas prices, while electricity producers will see a 24.2% rise. These adjustments will be based on the prices of the state energy importer, BOTAS.

However, the EPDK has confirmed that there will be no changes in natural gas prices for residential use starting from Saturday. The new adjustments in energy prices are part of the regulator’s ongoing efforts to balance the energy market in Turkey.

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