Federation of Bosnia and Herzegovina government reveals there will be an increase in electricity prices – Sarajevo Times

After the information appeared to the public that there could be a sharp increase in electricity prices, after today’s session of the Government of the Federation of Bosnia and Herzegovina (FBiH), it was said that there would be no increase in electricity prices for households and that the price increase only concerns a small part of economic entities.

A regular then thematic session of the government of the FB-H on the theme “Situation in the energy sector in the Federation of BiH” was held today in Sarajevo.

The session was attended by FBiH Minister of Energy, Mines and Industry Nermin Džindić, General Manager of Elektroprivreda BiH Admir Andelija, Executive Director of Production of Elektroprivreda HZHB Zoran Tabak and the Executive Director of Capital Investments of Elektroprivreda BiH Senad Salkić. The session discussed the increase in electricity prices.

Minister Džindić told the press conference that electricity prices were discussed today and representatives of the two power companies presented two models.

He said that Elektroprivreda HZHB has submitted a very simple model and that he will see if this model will pass, and it is about limiting the upper limit of the price of electricity on the market supply.

“The discussion was constructive. We have tried to define the advantages and disadvantages of the two models. We instructed the relevant ministry to form a working group in 14 days, made up of representatives of the ministries, representatives of the two power companies, the FBIH Energy Regulatory Commission (FERK) and the Council of the competition, ”said Džindić, stressing that they should have a finalized document. model in 14 days.

Speaking about the model offered by Elektroprivreda BiH, Džindić said that it is a step by step model of supplying the market.

Admir Andelija, chief executive of Elektroprivreda BiH, said that in recent months there has been a significant disruption in the electricity market and the forecast is that stabilization will not occur until mid-2022.

“We have offered the Federation government a model that we believe can work in terms of current legislation and for solving most of the problems we have. We have proposed a step-by-step model of increasing the price of electricity, or a decision that will limit the price of electricity, but also consumption. Both of these proposals have a legal basis, ”said Andelija, adding:

“We plan to direct this possible surplus of revenue that EPBiH will realize through price increases largely towards the increase in the price of coal, to our mines in order to facilitate their business in these difficult times.”

Andelija added that there will be no increase in electricity prices for citizens.

“We stress, electricity will not become more expensive for citizens. Electricity is expected to become more expensive for a small part of the economic entities, the largest part of the economic entities will not have a price increase, ”he said.

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