Citizens of Serbia pay about 121 million euros monthly to the Electric Power Company of Serbia (EPS) for electricity. Since February 2025, EPS closed cash registers and directed payments through banks and apps, causing additional fees for consumers.
The collection process shifted from the Treasury Administration to commercial banks starting in 2018 and completed this year. The Belgrade region uses Alta Bank for payments, while other regions like Kragujevac, Niš, Novi Sad, and Kraljevo pay through Poštanska štedionica. EPS has not disclosed the criteria for selecting these banks.
Average household electricity consumption is 322 kWh, with roughly 3.3 million metering points and an average bill of 4,210 dinars, resulting in about 14.2 billion dinars (121 million euros) flowing to EPS accounts monthly, totaling approximately 1.45 billion euros annually.
EPS reported 2024 revenues of 3.8 billion euros, net profit of 208.79 million euros, and employs 19,203 people. An electricity price increase of at least seven percent is expected from October 1, per IMF commitments.
