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Wednesday, December 11, 2024

Electricity prices for households, small business capped as of September

By: P.T., STA

Electricity prices for households and small and medium-sized companies will be capped from 1 September to August 2023, and households will pay between 15% and 60% less for electricity than now, depending on provider, Infrastructure Minister Bojan Kumer told the press after the cabinet session.

Prices will be kept low through a combination of lower duties and measures that will reduce the profits of power generation companies, according to Kumer. The excise fee on electricity will remain at 50% of the headline level, whereas the contribution for renewable sources will be cut in half come September.

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