EBRD approved 32 million euros loan for smart meters installation – Montenegro, 18 May 2017

The European Bank for Reconstruction and Development (EBRD) has approved a 32 million euros worth loan to Montenegrin electricity distribution system operator CEDIS, adding that Montenegro would become its first country of operation that will meet the EU target of smart meters coverage of at least 80 % of the population by 2020. CEDIS plans […]

New daily electricity consumption record set on 10 January – Montenegro, 11 January 2017

Electricity consumption at the distribution level in Montenegro is reaching absolute records in recent days. Montenegrin distribution system operator CEDIS announced that electricity supplied to the distribution network in the last ten days amounted to 95.174 million kWh, which is 21 % more than in the same period last year. The statement from CEDIS said […]

Electricity prices for households down by 4.74 % in 2017 – Montenegro, 6 December 2016

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 […]