According to the report published by the Montenegrin Regulatory Authority for Energy (RAE), the price of electricity for households with two-tariff meters should be lower by 4.74 % as of 1 January, not counting the incentive fees for electricity production from renewable sources.
The price of electricity for households with single-tariff meters should be lower by 7.61 %. However, it is realistic to expect that the fees for renewable energy would burden the bills by at least 5 to 8 %, so the final price of electricity will remain approximately the same as in 2016. The Ministry of Economy should adopt a new decision of fees for renewable energy by 25 January 2017. It is expected that the feed would be significantly increased, due to planned entry of a large number of renewable energy producers in the system.
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Tags: CEDIS, CGES, CITEE, electricity, electricity price, Montenegro, RAE, regulations, regulatory allowed revenues