Regulated power prices for 2027 under Energy Regulatory Commission review
North Macedonia has started reviewing regulated electricity prices for 2027, with the government facing pressure to limit higher energy costs for households and small businesses. The review comes as transmission and distribution operators seek to recover rising expenditure. The Energy Regulatory Commission is examining cost submissions from state-owned electricity companies ahead of the new tariff period starting on 1 January.
A key element of the review is the electricity supply price proposed by state producer ESM, which currently stands at €65/MWh. An updated offer is expected by the end of November, according to the timetable for the tariff process. Prime Minister Hristijan Mickoski said the government wants to keep the existing price or reduce it if market conditions allow.
State supply price, network charges and operator submissions
Several regulated operators have already submitted their cost calculations for consideration. Electricity market operator MEMO has requested no change to its regulated charge. ESM subsidiary Energetika, which supplies businesses within an industrial steel complex, has proposed a distribution tariff increase of nearly 53%.
Energetika’s requested charge would move from approximately €6.50/MWh to €9.70/MWh. The proposal corresponds to an increase from 0.65 to 0.97 eurocents per kWh. Electricity distributor Elektrodistribucija has not finalised its request because procurement of electricity needed to cover network losses remains incomplete.
Revised reporting affects transmission filings; gas charges also sought
Transmission operator MEPSO has also delayed submitting its cost calculations after revised regulatory reporting requirements were introduced. The updated rules require additional information on revenues and expenses from the regulated period, increasing complexity in the tariff review process. Separately, gas transmission operator Nomagas is requesting a 37% increase in transmission charges, citing higher investment expenditure.
The tariff review is taking place while regional wholesale electricity prices have risen above €200/MWh. Gas quotations have approached €86/MWh. The outcome of the electricity price process will affect the bills paid by consumers in 2027 and influence how financial pressure is allocated between state-owned suppliers, network operators and the national budget.
