The update to the Last Resource Supply Tariff limits, which aims to regulate energy costs based on the amount of consumption, was announced by the Energy Market Regulatory Authority on November 7, 2024. As there are only a few days left before the new limits come into effect from February, namely 5,000 kilowatts/hour for residential subscribers and 15,000 kilowatts/hour for commercial and industrial subscribers, data indicates that they are not ready for the energy costs that budgetary pressures have returned to the fore. According to a survey conducted by the consultancy EY in Turkey, seven in ten people said they could not even afford a 10% increase in their electricity bill in terms of budget.

Fetih Evren Şahin, Founding Partner of the innovative energy management platform Billgy and energy consultant, shared his evaluations on this topic: “Small and medium-sized businesses, especially those active in energy-intensive sectors, are already starting to worry. At a time when non-performing SME loans exceed the 80 billion TL threshold, the updated Last Resource Supply Tariff limits make properly managing energy costs an unavoidable business necessity.he said.

Seven in ten people want personalized energy solutions

The same survey also found that 77% of consumers expect their electricity suppliers to offer low-cost energy options, and seven in ten consumers (67%) demand personalized energy solutions. Fetih Evren Şahin stated that companies’ electricity and energy costs vary depending on the sector and business practices.

“Consumer demand for personalized energy solutions in some ways reflects the need for energy advice. Companies paying energy bills of TL 100,000 or more with the latest rates are becoming increasingly aware of the importance of controlling these costs and increasing savings. To respond to this awareness and need, we, as innovative energy management platform Billgy, have combined the current energy advisory approach with technology to make energy management processes, which are inherently complex, understandable for everyone. ‘Tech screen for everything’ slogan and ‘now information is clear!’ Billgy was developed to help users manage their energy consumption, optimize their costs and achieve environmental sustainability goals. By combining the experience and field knowledge of an expert team that has been providing energy advice for many years with the speed and capacity of technology, Billgy simplifies energy management processes with its user-friendly interface and makes them accessible on one digital screen.” he said.

“Additional energy costs will reduce investments”

Fetih Evren Şahin said that small and medium-sized enterprises in particular tend to reduce their investments as their access to financing problems and costs increase.Sectors such as textiles, plastics, hotel management, shopping centers and business centers are among the companies that pay the highest energy bills of their size. These companies mainly provide services in industrially dense regions such as Istanbul, Izmir, Ankara, Bursa and Manisa. As Billgy, which facilitates energy management with digital solutions, we have focused on these cities and sectors that are the locomotive of the Turkish economy. Billgy, which collects energy consumption data and enables users to transform this data into meaningful and actionable insights, increases operational efficiency by analyzing energy consumption patterns. Billgy provides advisor-supported energy management services, helping businesses achieve their energy, savings, efficiency and sustainability goals with packages such as Zero-Investment Cost Management, Zero-Investment Energy Management, and Sustainability Management packages designed for customers who want more extensive energy advice.he said.

“Consumers are not willing to pay extra for energy”

Billgy Founding Partner and Energy Consultant Fetih Evren Şahin concluded that Billgy stands out as a digital energy consultant and energy monitoring software and concluded his evaluations with the following statements:

“With our more than 10 years of energy consultancy experience, we know that regardless of the scale and sector, subscribers with high consumption are especially unwilling to pay extra for energy. But as Billy says: ‘It is always possible to consume less and spend less!’ we say. Any business consumer who wants to balance energy costs by 2025, have the latest energy monitoring technology with minimal investments and access on-demand energy advisory services can get an offer from Billgy by choosing one of the three packages. Billgy, which users can subscribe to without obligation, can gain a competitive advantage in its sector by significantly reducing the cost per product/service, thanks to these investments that deliver quick returns. We invite all consumers who want to get detailed information to our website billgy.net.”