Electricity

Serbia to increase prices of electricity, natural gas

djedovic Electricity, natural gas prices to be increased in Serbia

Photo: Ministry of Mining and Energy

Published

November 22, 2022

Country

Comments

comments icon

0

Share

Published:

November 22, 2022

Country:

Comments:

comments icon

0

Share

The price of electricity in Serbia will be increased on January 1, 2023, by less than ten percent, and natural gas by 11%, Minister of Mining and Energy Dubravka Đedović said.

The price of electricity was last increased on September 1, by 6.5%, after a hike in the price of natural gas on August 1, by nine percent.

“From 2023, the price of electricity will be increased by less than ten percent, which will make it more expensive by under RSD 300 per month for the average household. The government will continue to subsidize the power price, so the price of electricity will be among the lowest in Europe,” Đedović wrote on social media, adding that the price of natural gas would also be lifted, by 11%.

Her announcement apparently doesn’t apply to businesses. The decision is up to the Government of Serbia, which earlier fixed the price for the corporate sector at EUR 95 per MWh until December 1.

Electricity savings can lower bills by 30%

Đedović added that in the previous two weeks the price of natural gas tripled on the global market while that in Serbia it is currently among the lowest for firms in Europe, and the third lowest for households.

According to her, consumers will achieve a discount of up to 30% for electricity if they reduce consumption.

“Considering the world energy crisis, we have to adopt measures that will ensure a safe and continuous supply,” Đedović said.

Earlier this month, just after she became minister, she suggested that the prices of electricity and gas would be increased, arguing they are unsustainable.

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

Munich Security Conference significance energy security Europe

Munich Security Conference shows rising significance of energy security in Europe

19 February 2025 - There is no European or national security without energy security, one of the factors discussed at the Munich Security Conference

bih concession solar ljubinje trebinje cicevo bancici srpska

Republic of Srpska grants two concessions for solar power plants

18 February 2025 - The deadline to sign concession contracts for the two power plants is 60 days and it expires in early April

Race against time for Greece to avoid a blackout on Easter

Race against time for Greece to avoid a blackout on Easter

18 February 2025 - Greek authorities are rushing to secure the electricity system against a possible blackout during Easter

IEA Renewables cover almost all electricity demand growth 2027

IEA: Renewables to cover almost all electricity demand growth through 2027

17 February 2025 - A sharp increase in global electricity demand is expected in the next three years, IEA said and estimated that renewables would cover 95%