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The cheapest electricity is the most expensive in Serbia

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While the price of electricity obtained from solar panels in many countries of the world is the lowest and thus the most favorable for consumers, in Serbia this is not the case because due to the feed-in tariff it is significantly increased in relation to the real value.
According to Danas, according to the data from the report presented by the International Energy Agency in October, solar technology is constantly cheaper in most countries than the one in coal or natural gas power plants, so solar power plants currently offer electricity at the lowest prices ever.
Accordingly, the International Energy Agency points out that solar energy will take precedence in the next 10 years when it comes to additional quantities of electricity and that it will meet as much as a third of those world needs.
According to the research of the International Energy Agency, the projected average growth rate of the share of solar plants in additional electricity production will be 13 percent per year.
Energy expert Goran Radosavljevic says for Danas that these are still estimates, but that they are completely realistic due to a number of factors when it comes to the advantages of producing electricity from solar panels in the next decade.
“Electricity obtained from solar panels is already cheaper in many countries than that obtained from other sources. There are several reasons for that. The first is that the technology in solar plants is cheaper than the one obtained in others, so it enables higher productivity and cheaper electricity prices. Also, countries around the world offer a number of benefits when it comes to the production of electricity from solar, which further lowers its cost. Also, producers of electricity from solar panels do not have to pay taxes, which, for example, are paid by production facilities that generate phosphorus through their activity. Accordingly, the statement that at this moment the production of electricity from solar panels is the most profitable, and its price is the lowest on the market, is completely true,” explains Radosavljevic.
However, this data means little to consumers in Serbia because at the moment the electricity we pay is even more expensive than the real one due to feed-in tariffs that guarantee purchase prices for electricity producers from renewable sources, including solar panels, higher than market prices. This practically means that the Electric Power Industry of Serbia pays more expensive electricity to producers from renewable energy sources, in accordance with the decisions of the state, so that they can compensate for the spent funds invested in investments and develop business on the market.
Therefore, EPS pays more for that electricity than the one obtained in its power plants, and that difference is eventually paid by the citizens because their bills for the consumed electricity have been increased by that amount, Nova reports.

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