Energy price will increase

“The Energy Regulation Entity and the operators are making the appropriate studies, but I want to underline that family consumers will be protected. For the rest, we will see. You must keep in mind that the energy price has not been indexed for the past four years”, Gjiknuri declared.

Gjiknuri declared that the energy costs have increased due to a bad management of the sector, and because the past government sold public hydropower plants. He says that the government will not burden the consumers with the new prices.

“The losses and the inability to reduce them will not be included in the energy price. We will fight that loss with any measure. The energy price will include technical system elements, investments that will compensate themselves in a long-term and that will bring stable long-term prices in the future”, Gjiknuri added.

The Minister announced that the government has approved the 150 million USD loan from the World Bank that will be used for the energy sector.

“The project includes investments in the distribution sector, improvement in the management sector and investments in the energy infrastructure, especially with the distribution assets, so that the power supply can be constant and the losses can be reduced”, the Minister of Energy concluded.

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