Bosnia's Serb Republic energy regulator proposes to peg power prices to consumption level

Under the proposed three-tiered pricing model, all consumers would pay a basic rate for electricity consumption of up to 500 kWh per month and higher rates for consumption between 500 kWh and 1,500 kWh, and above 1,500 kWh, the entity's Regulatory Commission for Energy said in a statement last week.

The regulator also proposed to apply lower tariff rates from April 1 to September 30 and higher tariffs from October 1 to March 31.

The regulator will hold a public discussion of the proposed changes on November 18.

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.