Electricity price increase of 10.9% approved

The poorest of the poor will be paying with their lifes for all the myths this winter. So sad that all the minorities have to pay in to this public class hunger of theft, while protecting their monopoly by the brute force.

"Electricity in Bosnia-Herzegovina costs 6.83 euro cents, in Montenegro 7.78, Albania 9.68, and Germany 14.4, while in Austria it is charged 14.33 euro cents, noted Tanjug."

The 14.4 in Germany might be for industrial customers! After additional fees, taxes and other obligations added, the average household pays about 25 cent.

I wonder if the 6ct in Serbia is still a subsidized price, I don't think electricity can be produced and distributed for that amount of money, not even in Serbia.

That's a pretty steep hike but, on the other hand, Serbia has some of the cheapest electricity rates I've ever seen compared to anywhere I've lived. I can't believe it's not subsidized as is.

article also doesn't mention that people only pay 1c/kilowatt at night.

also, price rises after 350kw for most customers.

the figures in this article are also poor. right now it's 5.5 din/min. so that means it's going up to 6.1 or so din/min, which is about 5euro cents these days.

Either they're using bad exchange rates for the article, or using some kind of sloppy average, mixing in the blue zone (which should go up to almost 10din) and some night-time usage

It's all well and good to note that the price is apparently so cheap, but if - as others here have speculated - the price does not actually recover the true cost of supply then the quoted figures don't tell us anything about how much the people of Serbia are in fact paying for energy. Aside from all of that, it is ridiculous that a single price increase in excess of 10% could be approved for an essential service. If the cost of generating electricity has increased by such an amount since the last price increase then the problem is that the price increases are spread too far apart. A sudden 10% increase will have a far more negative inflationary effect than three evenly-spaced 3% increases would have had.

oh ya... I just remembered. they're cancelling the 500din fee that everyone has to pay as a TV tax on their electricity bill. I guess they're trying to make a higher increase now so it won't look so high because everyone's bill will be 500din lighter because of no TV tax

The poorest of the poor will be paying with their lifes for all the myths this winter. So sad that all the minorities have to pay in to this public class hunger of theft, while protecting their monopoly by the brute force.

That's a pretty steep hike but, on the other hand, Serbia has some of the cheapest electricity rates I've ever seen compared to anywhere I've lived. I can't believe it's not subsidized as is.

"Electricity in Bosnia-Herzegovina costs 6.83 euro cents, in Montenegro 7.78, Albania 9.68, and Germany 14.4, while in Austria it is charged 14.33 euro cents, noted Tanjug."

The 14.4 in Germany might be for industrial customers! After additional fees, taxes and other obligations added, the average household pays about 25 cent.

I wonder if the 6ct in Serbia is still a subsidized price, I don't think electricity can be produced and distributed for that amount of money, not even in Serbia.

article also doesn't mention that people only pay 1c/kilowatt at night.

also, price rises after 350kw for most customers.

the figures in this article are also poor. right now it's 5.5 din/min. so that means it's going up to 6.1 or so din/min, which is about 5euro cents these days.

Either they're using bad exchange rates for the article, or using some kind of sloppy average, mixing in the blue zone (which should go up to almost 10din) and some night-time usage

It's all well and good to note that the price is apparently so cheap, but if - as others here have speculated - the price does not actually recover the true cost of supply then the quoted figures don't tell us anything about how much the people of Serbia are in fact paying for energy. Aside from all of that, it is ridiculous that a single price increase in excess of 10% could be approved for an essential service. If the cost of generating electricity has increased by such an amount since the last price increase then the problem is that the price increases are spread too far apart. A sudden 10% increase will have a far more negative inflationary effect than three evenly-spaced 3% increases would have had.

oh ya... I just remembered. they're cancelling the 500din fee that everyone has to pay as a TV tax on their electricity bill. I guess they're trying to make a higher increase now so it won't look so high because everyone's bill will be 500din lighter because of no TV tax