Electricity prices in Balkans: highest in Montenegro, lowest in Kosovo*

In the Western Balkans, Kosovo* had the cheapest electricity for households in the first half of the year while the price was the highest in Montenegro, according to Montenegrin statistical agency Monstat. The prices include the value-added tax and other levies.

The average price of electricity in Kosovo* was 6.5 eurocents per kilowatt-hour, compared to 9.7 eurocents in Montenegro. The average price in the European Union at the same time was 23.5 eurocents, led by Denmark (34.4 eurocents). Hungary reported the lowest cost, 9.4 eurocents.

In the region tracked by Balkan Green Energy News, Greece ranks high in European terms together with Cyprus and Romania. Croatia, Slovenia and Bulgaria are close to the bottom of the list.

According to Monstat, the average price of 9.7 eurocents in Montenegro refers to the annual consumption of 5,000 to 15,000 kilowatt-hours (kWh). Most households in the country – 56.6 percent, are in the group. For the category between 2,500 kWh and 5,000 kWh, the cost was slightly lower – 9.6 percent. It accounted for 23.5 percent of households.

Electricity for consumption below 1,000 kWh was the most expensive – 16.1 eurocents. Only 2.2 percent of households were in the category, Monstat said.