Electricity price goes up 8%, gas 11% – first in the series of price hikes

As of today, the price of electricity used by households and small has gone up an average of 8 percent, and gas by 11 percent, the Energy Agency of Serbia (AERS) informs.

The average price of electricity for households and small customers, who have the right to guaranteed supply at regulated prices from the Electric Power Company of Serbia (EPS), is 8,796 dinars per kilowatt-hour (kWh), excluding taxes and fees, i.e. 12.40 dinars per kWh with taxes and fees and is higher than the previous average price by eight percent.

AERS stated that it gave its approval for the electricity price increase at the request of EPS and that even after that correction, the price of electricity for guaranteed supply, without fees and taxes, will continue to be one of the lowest in Europe.

The last time the price of electricity for households and small customers went up was in September 2022, by an average of 6.5 percent, and the new price hike, according to the recommendation of the International Monetary Fund (IMF), will follow, in May this year, also by an average of eight percent.

As of today, the average price of natural gas for households and small customers is 11 percent higher and it now stands at 4.08 dinars per kilowatt-hour (kWh) (taxes and fees excluded), or 4.50 dinars per kWh with taxes and fees.

The price of gas was corrected for the last time in July 2022 by nine percent, and according to the IMF’s recommendation, it should again go up in May this year by nine percent, in November by ten percent and in May 2024, also by ten percent.

(Direktno, 01.01.2023)



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