Electricity prices up by around 11 percent

Households in Serbia will see a rise of 10.9 percent in electricity prices, and economy an increase of 12.8 percent on average as of Thursday.

Izvor: Tanjug

Friday, 02.08.2013.

10:47

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BELGRADE Households in Serbia will see a rise of 10.9 percent in electricity prices, and economy an increase of 12.8 percent on average as of Thursday. Thus, the electricity price for citizens will stand at RSD 6.14 per kWh without VAT, while the price for economy will amount to RSD 5.85 per kWh. Electricity prices up by around 11 percent The previous change in the price of electric energy took place in Serbia on April 1, 2011, when it went up by 15 percent. Even after the latest spike, the electricity price for households will still be much lower than the market one, and this price increase will not even cover a rise in inflation, which reached 14.1 percent since the latest increase, say officials at the Electric Power Industry of Serbia (EPS). The Energy Agency, which approves electricity price increases, underscored that the objective is to channel the funds gained through rationalization of costs into ensuring greater security and quality of Serbia's electric energy supply. Tanjug

Electricity prices up by around 11 percent

The previous change in the price of electric energy took place in Serbia on April 1, 2011, when it went up by 15 percent.

Even after the latest spike, the electricity price for households will still be much lower than the market one, and this price increase will not even cover a rise in inflation, which reached 14.1 percent since the latest increase, say officials at the Electric Power Industry of Serbia (EPS).

The Energy Agency, which approves electricity price increases, underscored that the objective is to channel the funds gained through rationalization of costs into ensuring greater security and quality of Serbia's electric energy supply.

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