Monday, November 22, 2010

the director general of Elektroprivreda Srbije (EPS): "Electricity price to go up 60% by 2013"


This is according to Dragomir Marković, the director general of Elektroprivreda Srbije (EPS), Serbia's state owned power company. He told the Belgrade-based daily Blic that the average price of one kilowatt-hour of electricity in the region is 60 percent higher than in Serbia, adding that unless we introduce an economic price of electric power, this may turn into a major obstacle on the country's EU path.

Marković said that it is wrong to preserve social peace by means of a low electricity price, and recalled that at the moment only 35,000 Serbian households are on social welfare and pay lowered electricity bills although the number of poor people is much greater. "Provided the economic price of electricity is introduced, the number of people who pay lowered electricity bills could increase by ten percents," the EPS director general said, adding that the figure could reach 350,000 households or one million people. According to him, EPS expects investments of about EUR 9bn, which will come from the EPS funds, loans and strategic partners.

















News source: B92 link: article

No comments:

Post a Comment