Bosnia's Serb Republic Regulator Oks Avg Electricity Price Hike of 8.76%

Bosnias Serb Republic Regulator Oks Avg Electricity Price Hike of 8.76%
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Τρι, 16 Ιουνίου 2015 - 15:52
The electricity regulator of Bosnia’s Serb Republic, REERS, said it has approved an average electricity price hike of 8.76% from July 1.
The electricity regulator of Bosnia’s Serb Republic, REERS, said it has approved an average electricity price hike of 8.76% from July 1.

The new tariffs were prompted by ten companies operating within the entity’s power utility, Elektroprivreda Republike Srpske (ERS), REERS said in a statement on its website on Thursday.

With this decision, the average electricity tariff for households will rise by 9.4% to 0.1369 marka ($0.08/0.07 euro) per kWh.

REERS said it last hiked power tariffs in 2010.

The Serb Republic is one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.

Bosnia has a further two power utilities - Elektroprivreda HZHB and Elektroprivreda BiH, the largest of the three, both based in the Federation.

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