Bosnia: Incentives for RES production set at 7.77 million euros in 2017

3. April 2017. / SEE Energy News

The Government of the Federation of Bosnia and Herzegovina (FBiH) has adopted a decision which determines the total required amount of incentives for the production of electricity from renewable energy sources (RES) and efficient cogeneration in 2017. The amount is set to 7.77 million euros.

The fixed amount of the RES fee in 2017 will be about 0.001 euros/kWh, without VAT. The fee for the promotion of RES production is paid by all end consumers of electricity in the Federation of Bosnia and Herzegovina and it is presented as a separated item on the electricity bill.

Funds collected from this fee represent the income of the Operator for renewable energy sources and efficient cogeneration (OIEiEK) and are used to pay the incentive part of the guaranteed price of electricity produced by privileged producers, covering the costs of the operator and covering the balancing energy costs due to imbalance in the values of planned and realized RES production in the FBiH.

The amount of incentives for the production of electricity from renewable energy sources and efficient cogeneration was 0.0005 euros/kWh (without VAT) in 2016.

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