Electricity prices in Montenegro might increase considerably in 2011.

By bne IntelliNews December 6, 2010
Electricity prices in the country might increase considerably next year, as the power company EPCG expects expenditures in 2011 to be far above the ones approved for this year, TV broadcaster RTCG reported. EPCG has submitted for approval with the energy regulator its expenditures plans for next year that are above the EUR 233mn costs, approved for 2010. We remind that the regulator approves once a year the costs of the power company and decides whether to increase or cut the prices of electricity. As recalled, electricity prices in the country were decreased by 15.7% in early-January.

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