Electricity

Households in Serbia and Kosovo paid the lowest energy prices in Western Balkans

Photo: Pixabay

Published

December 1, 2017

Country

Comments

0

Share

Published:

December 1, 2017

Country:

Comments:

0

Share

Households electricity prices in Serbia and Kosovo* are the lowest in the Western Balkans region, though both countries had the highest increase between the first half of the 2016 and first half of this year, the Eurostat data showed.

Expressed in euro, the average electricity price per 100 kWh in the 1st half of 2017 in the European Union was EUR 20.4 while in Serbia and Kosovo* price was EUR 6.6.

The highest electricity price in the region was in the Montenegro (9.7), followed by Former Yugoslav Republic of Macedonia (8.2), Albania (8.4) and Bosnia and Herzegovina (8.6).

When expressed in purchasing power standards (PPS), an artificial common reference currency that eliminates general price level differences between countries, the lowest household electricity prices were found again in Serbia (14.6), followed by Bosnia and Herzegovina (17.8), Former Yugoslav Republic of Macedonia (19.1), Albania (19.3) and Montenegro (19.7).

In the European Union (EU), prices in national currency slightly decreased (-0.5%) on average between the first half of 2016 and the first half of 2017 while in the majority of the Western Balkans countries increased. The highest increase was registered by far in Kosovo* (+12.2%), followed by Serbia (+4.1%), BiH (+3.3%) and Montenegro (+1.7%). Price in FYRM decreased (-0.4%) and didn’t change in Albania.

Taxes and levies in the EU made up on average over a third (37%) of the electricity price charged to households in the first half of 2017.

The share of taxes and levies in total household electricity prices varied between Western Balkans countries, ranging from 23% in Serbia to 12% in Montenegro.

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

EPCG-dividends

EPCG to pay EUR 30.8 million in dividends

23 July 2021 - Montenegrin state power utility EPCG has decided to pay EUR 30.8 million in dividends to shareholders from retained earnings.

green-energy-AoG-Greece-aluminum

Greece’s biggest power consumer AoG to switch entirely to green energy from 2030

23 July 2021 - Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.

coric-croatia-new-unit-nuclear-power-plant

Croatia willing to help build new unit of Slovenia’s nuclear power plant Krško

22 July 2021 - Croatia will express its interest in being a partner in the construction of a new unit of Slovenia's nuclear power plant Krško, says Tomislav Ćorić.

Slovenia Vizjak referendum energy future

Slovenia’s Vizjak proposes referendum on country’s energy future

21 July 2021 - Minister Andrej Vizjak said a plebiscite should be held on Slovenia's overall energy plans and not just on the second nuclear reactor for Krško