Price of electricity not to increase yet
The arrangement with the IMF is of advisory character, the talks will take two weeks and there is still the possibility of recommending to EPS to increase the price of electricity within the continuation of reforms.
The recommendation does not have to be binding, as the price of electricity needs to be approved by the Energy Agency, but EPS first needs to file a request, previously approved by the company's Supervisory Board.
– We are analyzing all this based on the methodology we've defined, based on the justification of costs. That's why the analysis period is one month. But we can't say anything in advance – says Dejan Popovic, the president of the Energy Agency.
The last price increase took place in October 2017, when the price per kW/h was raised by 2%, which meant an average increase of electricity bills by RSD 68.
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