According to Elektroprivreda Crne Gore (EPCG), in January, the household electricity consumption for a Montenegrin residential utility customer increased by 8% on the month to 129.6 million KWh.

As EPCG stated in a press release, the average monthly household power bill in Montenegro amounted to 41.91 euro ($47.1).
In annual terms, household electricity use was reduced by 2.5% in January. In December 2015, an increase of 24% on the month to 119.8 million kWh was observed in household electricity consumption.
Moreover, the electricity consumption figures calculated over the first nine months of 2015 showed a reduction of about 30% to 12.7 million euro.
Majority owner of EPCG is the goverment of Montenegro with a 57% stake while the Italian based A2A owns 41.75%
EPCG, which operates over 870 MW of installed generation capacity, plans to generate 2,976 GWh of electricity in 2016, which would represent a reduction by around 5.8% from 2015.

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Petros Stathis

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