The price of electricity is rising again. From the New Year, businessmen can expect increased bills, of a maximum of ten percent. True, some of them. However, the profession warns that everything could be reflected on the already high prices of foodstuffs and other goods and services. We emphasize that the minimum wage is still 619 marks, and the average consumer basket has long since exceeded three thousand. writes Federalna.
“Most production systems are focused on electricity and participate to a greater or lesser extent in total costs, so an increase in electricity prices will lead to an increase in costs. How economic entities will translate this into prices depends, but a logical consequence is an increase in prices,” says Aziz Šunje, a professor at the UNSA Faculty of Economics.
Elektroprivreda BiH explains that the price of electricity will not increase for citizens, but also for small customers and customers of special social importance as determined by Elektroprivreda BiH.
“Despite the fact that the current wholesale prices on the market are ten percent higher compared to the marginal market conditions defined by the Decision of the Government of FBiH on the introduction of special price control measures for 2024, Elektroprivreda BiH has decided that the contracts offered to customers for the following year will be according to the conditions which the Government of FBiH determined by the said Decision. Following this decision, Elektroprivreda BiH has limited the increase in prices for long-term customers on the market supply to an increase of up to 10 percent compared to 2024”, according to Elektroprivreda BiH.
Representatives of the FBiH Employers’ Association state that in the last four years the price of electricity has increased several times. Citizens this year. It is a clear signal for the profession.
Professor Šunje adds: “It is a reflection of the bad management of Elektroprivreda in the past, and that, again, is the problem of state-owned enterprises. If there had been a strategic approach in the management of Elektroprivreda, ensuring the necessary amounts of electricity, these increases probably would not have occurred”.
“Today we have almost double the price compared to 4 years ago. What is relevant now are these smaller companies, smaller consumers, who were on the universal system, so they switched to the market system”, says Adnan Smailbegović, president of the FBiH Employers’ Association.
Please note that the report on the financial operations of Elektroprivreda BiH for 2024 is still expected. Last year, let’s recall, this company ended the year in the red by 331 million marks. The situation this year, according to expectations, could be somewhat better, because in the meantime, coal production in the mines has been growing, and in recent days the Chinese have returned to Elektroprivreda BiH all 248 million marks in advance for Block 7 of the Tuzla Thermal Power Plant.
Source: Akta
