Electricity

35% higher energy price for companies in Albania

Photo: Pixabay

Published

January 12, 2017

Country

Comments

comments icon

0

Share

Published:

January 12, 2017

Country:

Comments:

comments icon

0

Share

More than 6,000 businesses in Albania will pay energy prices increased by 15% up to 35% when fees for the distribution service come into effect.

According to Albanian media, Energy Regulatory Entity (ERE) has approved new distribution network tariffs. In addition to the regular price, businesses that are connected to 20 kV and 35 kV network will have to pay a fee for the distribution service to the Electricity Power Distribution System Operator (OSHEE).

This is a step in the electricity market liberalization process in Albania, which started last year. Businesses will be able to buy electricity from the suppliers licensed by ERE. However, they will have to pay fees for the distribution service to OSHEE.

The distribution service fee will come in effect during this year and the first consumers which will be affected are the businesses connected to 35 kV network. These companies will pay energy price of ALL 9.50 (EUR 0.70) and ALL 1.50 (EUR 0.11) per kWh as a fee for the use of the network. According to the sources from OSHEE, everything is ready for the implementation of the new measurement system, so these companies could buy electricity at the open market from February.

While there are 82 businesses connected to 35 kV network, more than 6,000 companies are connected to 20 kV. Their energy bills will be even higher as these businesses will pay energy price of ALL 11 (EUR 0.81) and a fee of ALL 3.90 (EUR 0.29) per kWh. The new measurement system will increase their energy price by 35%. They are expected to access the open electricity market in the second half of the year.

The representatives of OSHEE hope that the consumers will manage to find licensed suppliers which offer lower energy prices. That would make the overall price they have to pay more acceptable. On the other hand, the customers from this group claim that they failed to find energy suppliers who offer electricity at reasonable prices, as Albanian media reported.

According to earlier reports, there are over 80 licensed energy suppliers in Albania. The official data show that the businesses that will be a part of the free market make a total of 15% of consumers’ purchase.

Tags: ,
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

GGF Kostadinov Western Balkans responded energy crisis innovation ambition

GGF’s Kostadinov: Western Balkans responded to energy crisis with innovation, ambition (video)

20 May 2025 - The past three to four years have been nothing short of transformational when it comes to the energy transition in the Western Balkans, said Borislav Kostadinov, Finance in Motion's Fund Director for GGF

Alteo's Chikán Aggregators AI solutions grid stability production optimization

Alteo’s Chikán: Aggregators have AI solutions for grid stability, production optimization (video)

19 May 2025 - Volatile prices, policy changes and flexibility needs are driving a momentum for developers and aggregators, Alteo's CEO Attila Chikán says

Akuo Energy signs PPA with EPS for Bela Anta 2 wind project in Serbia

Akuo Energy signs PPA with EPS for Bela Anta 2 wind project in Serbia

19 May 2025 - Akuo Energy signed a power purchase agreement (PPA) with Serbia's Elektroprivreda Srbije (EPS) for the Bela Anta 2 wind power project

power grid outage substation

Low consumption causes grid failure, power outage in North Macedonia

19 May 2025 - Bulgaria’s balancing facilities were crucial in stabilizing North Macedonia’s grid, Bulgarian energy minister says