Electricity price will not be increased in 2016 – Serbia, 23 June 2016

The Acting Director of Serbian power utility EPS Milorad Grcic said that the price of electricity will not be increased in 2016.
As Grcic pointed out, the reason for this decision is that in the first three months of this year, EPS achieved saving in the amount of 48.6 million euros, while the company’s profit amounted to 113.4 million euros which is 6.5 times more than expected. He added that the price of electricity on the market has never been lower and that electricity prices in Serbia are among the lowest in Europe.

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