Bosnia/Republika Srpska: Energy company ERS, without competition and ready for market game

6. November 2014. / SEE Energy News

Electric Power Industry of Republika Srpska / ERS / has provided by its rational behaviorthe electricityprice by which it will retain its market position in terms of the competition’s existence in the market, said the director of the Directorate for distribution of ERS Dalibor Muratovic.

Muratovic pointed out that by opening of a free electricity market, which has been planned for January 1 next year, households would have the opportunity to choose their electricity supplier, noting that ERS also in the coming period is ready to provide a supply of all customers in Republika Srpska by economic acceptable prices.

He pointed out that the electricity price of in Republika Srpska was the lowest in the region and said that ERS was fully competitive and ready for competition.

” In the futureERS, as has been the case up to now, willtake all necessary measures in order to provide stability and development of the electricity system through integration into the European energy system in terms of the gradual opening of the market and the introduction of competition” said Muratovic.

He recalled that BiH, and consequently Republika Srpska, was signatory of the Treaty on establishing the Energy Community of South East Europe, and in line with it assumed certain international obligations related with the opening of the electricity market.

President of the Energy Regulatory Commission Milenko Cokorilo said that it should not have much to be changed by introducing free electricity market, because ERS had the lowest price, which meant that other potential suppliers were not currently competitive.

Cokorilo says that the electricity price should have to remain the samein the next period in Republika Srpska, because no power company had submitted a request for its change, or to start tariff proceedings in front the Commission, except that, by default, consumers would pay electricity in the next half year at its winter rate, or at a higher price than in the summer.

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