Serbia hikes power price for businesses

Electricity supplied to businesses by state power utility Elektroprivreda Srbije (EPS) will cost EUR 95 per MWh from September 1, up from the capped price of EUR 75 per MWh that will be charged through August 31.

The price increase was approved by the Serbian government’s decision on electricity prices on the commercial market for the period from September 1 to December 31.

The government recommended EPS to conclude agreements with buyers on the commercial market at a price of EUR 95 per MWh without VAT, according to a statement from the government.