Energy price reductions announced for January 2025
Starting January 1, 2025, the cost of electricity will decrease for all citizens. The announcement was made by Deputy Prime Minister and Minister of Infrastructure and Energy, Belinda Balluku, during her visit to inspect a new call center system designed to handle citizen complaints about electricity.
Why is this important: Electricity prices have been a major concern for Albanian households, and the planned reduction is significant news. Currently, the price stands at 9.5 lek per kilowatt-hour (kWh) without VAT, increasing to 11.4 lek per kWh with VAT. Balluku explained that ongoing collaboration with OSHEE (the state electricity distribution company) and KESH (the Albanian Power Corporation) aims to optimize processes, allowing for more affordable rates from the beginning of 2025.
The details:
- Price reduction plans: “We have been working closely with OSHEE and KESH to evaluate a reduction in electricity prices from January 1, 2025,” Balluku said. “We are in the process of analysis, and by optimizing technical operations, we will be able to offer Albanian citizens a better electricity price.”
- Special rates for bread bakeries: Balluku also addressed concerns about potential energy cost increases for bread bakeries, emphasizing that the government subsidizes these businesses to keep prices low. “Bread bakeries in Albania benefit from a government subsidy, paying the lowest energy price of 7.6 lek per kWh. Units that exclusively bake bread pay this rate,” she stated.
- Differentiated pricing explained: Balluku clarified the pricing structure following extensive public consultations. Bread-only bakeries pay 7.6 lek per kWh, while bakeries that also operate as patisseries pay 9.5 lek per kWh. Establishments that include a bar-café alongside bread and pastry production are charged 12 lek per kWh.
Addressing misinformation: Balluku dismissed claims of rising bread prices as false, asserting, “The price of bread has not increased. It was merely a case of misinformation.” This reassurance aims to allay public fears over essential costs and ensure citizens are informed about government support for vital services.
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