Serbia: Increase of electricity price for households as of 1 February

, News Serbia Energy

Electricity previously increased in price by 3.9 % on December 1 2019, and before that, the price was increased in October 2017 by 2 %.

In December, at the request of state-owned power utility EPS, the Council of the Serbian Energy Agency (AERS) approved an increase in the price of electricity for household consumers in the amount of 3.4 % as of 1 February 2021. The average price of electricity for customers who have the right to a guaranteed supply at regulated prices (households and small commercial consumers), determined on the basis of the maximum approved income, will amount to 0.061 euros/kWh, without taxes and fees.

Also, in late 2020, Serbian Government adopted a decision of the increase of fees for encouraging electricity production from renewable sources, paid by end consumers through their electricity bills. The new fee will came into effect as of 1 January 2021 and amounts to 0.0037 euros/kWh, which is more than four times higher compared to the previous figure.