Electricity demand down 13% in August, third month in a row

Electricity demand dropped for a third successive month in August, falling by 13.1 percent, overall, compared to the equivalent month a year earlier, power grid operator IPTO’s monthly report has shown.

Households and businesses were the biggest contributors to this reduction, cutting their usage by 13.94 percent, according to the operator’s report.

High-voltage consumers reduced their electricity consumption by 3.24 percent in August, compared to the same month in 2021, the IPTO data showed.

Electricity demand fell 11.24 percent in July, year-on-year. Electricity demand actually rose in June, but only marginally, 1.28 percent, a slowdown compared to May’s increase of 3.37 percent.