Minister of Mining and Energy Dubravka Djedovic said that the price of electricity for households must be increased once again by the end of 2023. She added that the Government will try to keep the rise of electricity prices as little as possible, but an increase is inevitable in order to preserve the stability of the country’s electricity system during the winter season.
She said that prices of electricity and natural gas in Serbia are the lowest in Europe, which is unsustainable in the long-term, adding that the goal is to increase investments in the energy sector, but in order to so, energy companies must improve their financial situation first. She also said that Serbia is ready for the upcoming winter, with enough reserves that will ensure a stable and reliable supply of energy to consumers.
As of 1 May 2023, the price of electricity in Serbia increased by 8% and the price of natural gas by 10%, as approved by the Energy Agency Council (AERS). The average price of electricity for customers with guaranteed supply at regulated prices (households and small businesses), without the taxes and fees, currently amounts to 0.081 euros/kWh, or 0.11 euros/kWh including all the taxes and fees.