OEK warns economic consequences from new electricity price growth

According to him, a new increase would affect production costs, living standards, and purchasing power in the country.

Rafuna said electricity represents a key operational cost for businesses, especially for local producers, who already face a deep trade imbalance.

Imports, according to him, have exceeded 7 billion euros, while exports have dropped to 940m euros, down from 944m a year ago. For citizens, he estimated that any additional increases would directly hit domestic budgets and consumption.

He recalled that citizens have already faced a 16.1 percent increase in April last year, while large businesses have been released on the free market, where bills for some companies have increased from 200 to 400 percent.

Rafuna stressed that OEK will expect formalisation of decisions to do a detailed analysis and require the involvement of the Government and Energy Regulatory Office.

Meanwhile, KESCO has urged growth of over 21.3 per cent of tariffs for 2026, with maximum revenues of 528.78m euros, calling for increased operational costs, energy import and supply security.