Tax on Electricity Increases in Tbilisi

(Tbilisi, Civil Georgia, August 14, 2002) – Tax on electricity in Georgian capital will increase with 1,3 Tetri and will consist 13.7 Tetri (US 6.2 cents) from September 1.

Georgian Electricity Regulation Commission has satisfied appeal of the AES TELASI, which distributes electricity in Tbilisi, concerning the increase of tax on August 13.

American energy distributing company AES TELASI said the tax should be increased because of it having made redundant investments in Georgian energy system.