Electricity prices to increase as of 1 March – Montenegro, 14 February 2019

Montenegrin state-owned power utility EPCG announced that electricity prices for households and small businesses will increase as of 1 March, however, final price will depend on the tariff package chosen by the consumers. According to EPCG, by introducing different tariff models of electricity su Full article available for subscribers of Energy NEWS service (PDF publications, […]

Average January electricity bill at 47.6 euros – Montenegro, 12 February 2019

Average electricity bill for households in January 2019 amounted to 47.62 euros, which is 14 % higher compared to the previous month (41.78 euros). Lowest average monthly consumption was recorded in Mojkovac municipality (24.7 euros), while the highest consumption was in Tivat, where the average Full article available for subscribers of Energy NEWS service (PDF […]

EPCG and KfW Bank to sign loan agreement for HPP Perucica modernization – Montenegro, 08 February 2019

Head of Development and Engineering Department at Montenegrin power utility EPCG Ivan Mrvaljevic said that the loan agreement worth 33 million euros between EPCG and German KfW Bank will be signed in the spring. The proceeds of the loan will be used for the modernization of hydropower plant Perucica Full article available for subscribers of […]