ZERE gives details about any category that will cost electricity bills

The ZRE Board has approved the plan to raise electricity prices by 15 per cent from April.

Three members of the board voted for this point and no one opposed.

The board's chairman, Ymer Fejzullahu, said this is being done in order to have stable electricity supplies, since if supply is not done, costs will be even higher.

Full ER communication:

On March 30th 2023, the Board of Energy Regulatory Office (ZRRE) has held its third session (III) for this year.

Under the Law on Energy Regulatory, Z. RRE sets tariffs for regulated services in the energy sector. The purpose of setting tariffs is to reflect on service costs for any activity in the electricity sector, so that the safety and continuation of the electricity supply is guaranteed.

The approved electricity tariffs reflect the cost of service for each activity so that the safety and continuation of electricity supply is not violated. The approved tariff should cover the necessary investment costs at the Termocentrals, investments in the transmission and distribution network, the reflection of massive costs and operating.

Electricity tariffs for approved final consumers will be at 15.4% higher for any fixed consumer category. The factors that have contributed to increased supply costs are:

• Increasing electricity prices on international markets. Although in 2023 the prices of electricity on European markets marked declines compared to 2022, they continue to be higher compared to prices covering current tariffs.
• Limited generation capacity in the country to meet the growing demand obliges Kosovo to buy larger amounts of electricity in the regional and international market.

• High inflation rates -- from 0.25% to 1.75% between 2018 and 2020 -- to 8.39% in 2022 -- affected significant increases in costs in electricity suppliers.

The ZRRE announces all consumers that new energy prices will apply to the amount of energy consumed by April 1, 2023.