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ARTICLE · 09 MARCH 2023

Applications For Tek Allowance For Smes Are Possible From 21 March 2023

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The Energy Costs Allowance (the TEK allowance) is a temporary allowance for energy-intensive SMEs for increased gas and electricity costs.

TurkeyEnergy and Natural Resources
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The Energy Costs Allowance (the TEK allowance) is a temporary allowance for energy-intensive SMEs for increased gas and electricity costs. The allowance can be applied for with retroactive effect and runs from 1 November 2022 to 31 December 2023.

Conditions of the TEK allowance

  • The TEK allowance is intended for energy-intensive SMEs that meet the SME definition, with a maximum of 249 employees.
  • SMEs with a turnover of no more than €50 million and/or a balance sheet total of no more than €43 million.
  • Foundations, associations and other institutions that meet the conditions can also apply for the allowance.
  • The energy costs must be at least 7% of the turnover and must meet the other conditions of the allowance.

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