Renewable Resource Fee to be Abolished from June 1st

By , 25 May 2019, 18:31 PM Lifestyle
Renewable Resource Fee to be Abolished from June 1st Copyrights: Pixabay

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24 May 2019 - The Government of Montenegro recently passed the Regulation on compensation for stimulating the production of electricity from renewable sources and highly efficient co-generation, which abolishes the renewable resource fee 1 from June 1st, which was charged to all households for consumption up to 300 Kwh.

"Today, as the Prime Minister announced at the previous Prime Minister's Question session, the Cabinet decided to abolish the reimbursement for the renewable resource fee from 1 June," Minister of Economy, Dragica Sekulić said.

She added that the number of funds needed to cover the necessary amount will be now paid from the budget and the funds collected from the polluters.

"In this way, we ensured that the Electric Power Industry of Montenegro's market operations is not disturbed, that citizens are partially relieved of payments by using renewable energy sources, and that the average electricity bills remain the same or partly reduced," Minister Sekulić explained.

She also noted that the latest Government's session discussed the future of renewable electricity sources and that the practice of not giving new concessions for small hydropower plants will continue.

"We will, however, continue to lease land without privileged tariffs for consumers," the Economy Minister said.

She concluded by saying that the Cabinet tasked the Ministry of Economy, as a coordinator, to review all the documents issued by all Montenegrin institutions, and for each location for which the concession was given, saying that giving the concession is only one of a large number of steps which the lessee must respect in order to be able to build.

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