North Macedonia, RKE announced that the new price of electricity for residential consumers will be lower for all tariffs

, SEE Energy News

The North Macedonian Regulatory Commission for Energy (RKE) announced that the new price of electricity for residential consumers, which will be valid as of 1 January 2023, will be lower for all tariffs.

According to RKE, the price for the first block tariff (with lowest monthly consumption) will decreased by 4.11 %, for the second block tariff by 2.95 %. However, the price for the third block tariff will increase by 0.85 % and that for the fourth block tariff by 7.65 %.

The price of electricity for small commercial consumers will be decreased by 20.15 %, which covers some 70,000 consumers.

RKE President Marko Bislimovski said that the price reductions for 2023 will affect 99.2 % of consumers in North Macedonia.

The price reduction was achieved by reducing electricity transmission fee by 8.66 %, electricity distribution fee was lowered by 19.54 %, while network fee decreased by 20 %.