Electricity bills by May will come cheaper

Electricity bills by May will come cheaper

The law on economic recovery also envisions the subsidisation of electricity consumers. The share of the electricity they pay for electricity they receive from energy producers from renewable sources will be subsidised. This, since the government under law has allocated up to 16m euros, which it wants [...]

The share of the electricity they pay for electricity they receive from energy producers from renewable sources will be subsidised. This, after the government on law has allocated up to 16m euros, which will be given to those producers through COST.

So, the tools will flow into this company and from there to the manufacturer. This will last from January to May. This means that the amount these producers benefit will be lowered to consumers.

Based on the calculations, it turns out consumers will be lowered to their bills the price of 0.061 cents per kilowatt/hours spent from now until May.

That means that if a consumer spent 1,000 kilowatts/hours over a month, the bill would amount to 6.1 euros cheaper.

So the subvention is directly linked to renewable energy producers (BRE), therefore the drop to the euro is related to electricity consumption.

ECCO experts have done their best to facilitate this discount to take place in time and have achieved it with full success. Everything is already ready and this discount is starting to be implemented on bills.

Electricity prices are assigned by the Energy Regulatory Office. These prices in Kosovo, according to the European Union's official statistics agency Eurostat, are the cheapest in Europe.

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