June 30 (SeeNews) - North Macedonia's energy regulator said it has decided to introduce a new model for charging electricity consumption of households that pegs the price per kilowatt hour (kWh) to the monthly level of consumption and will increase prices by 7.4% on average for 98.8% of consumers.
Under the new four-tiered pricing model, which comes into effect on July 1, electricity prices will increase by 5.5% for households consuming up to 210 kWh of electricity per month and by 10.3% for households which consume between 210 kWh and 630 kWh per month, the Energy and Water Services Regulatory Commission (ERC) said in a press release on Wednesday.
Prices will increase by 18.3% for households which consume from 630 kWh to 1,050 kWh of electricity per month and by 138.7% for consumers using more than 1,050 kWh.
The country's power supplier EVN Home has higher costs for delivering electricity due to the return of many companies and public institutions from the free to the regulated electricity market and the higher prices that electricity producer ESM charges the company, ERC said.
Starting January 1, ERC increased prices for electricity used by households by 9.48% and removed the cheap daytime electricity tariff due to troubles with electricity production in the country and the global energy crisis.