How much does electricity cost in Kosovo?

In Kosovo, the price per kilowatt/hour is 6 cents, which is almost five times lower than in Romania, where 1 kilowatt/hour costs 29 cents. According to the Statistics Office of the European Commission (Eurostat), Kosovo convincingly had the cheapest electricity prices in Europe for the year 2022, when the last annual measurements were made.

How much energy does Kosovo import in 2022?

Kosovo’s net energy imports are projected to have reached 12.5 percent of GDP in 2022, up 3.5 percentage points (pp) with respect to 2021, despite a 35 percent decrease in electricity imports and 5 percent decrease in fuel imports. 4. Kosovo’s electricity supply chain (ESC) includes both public and private firms.

Who owns electricity distribution services in Kosovo?

Electricity Distribution Services in Kosovo (KEDS, a privately-owned firm) oversees distribution. The same firm owns KESCO (Kosovo Electricity Supply Hours Sources: Kosovo authorities and IMF staff calculations. 5. More than 20 percent of Kosovo’s electricity consumption is either not billed or billed but not collected.

Who regulates energy in Kosovo?

4 The ERO is an independent agency that regulates electricity, district heating, and gas markets in Kosovo. It was established in 2004, after the promulgation of the Laws on Energy, on Electricity, and on the Energy Regulator. The ERO helps to ensure that Kosovo's regulatory framework is in line with the EU 'acquis’ on energy.