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Serbia, UPS believes that the increase of electricity prices for commercial consumers should be controlled and announced on time

The Serbian Association of Employers (UPS) said that it believes that the increase of electricity prices for commercial consumers should be controlled and announced on time, so that companies could adapt their business on time, because that is the only way to maintain the liquidity and competitiveness of the economy and enable an adequate living standard for the citizens.

As an argument in favor of its request for a controlled electricity price increase, UPS has carried out a survey among its members and that the results have shown that 60.5% of the employers believe that the increase of the electricity prices should be controlled, whereas the others believe that the solution lies in subsidizing lower electricity prices for the economy.

Three quarters of the companies believe that the electricity price increase will directly lower the living standard for the citizens, whereas two thirds believe that it will cause a decrease in the liquidity of the local economy.

UPS says that most of the surveyed employers said that the electricity was already expensive enough and that a further increase would lead to an increase in the prices of the final products or services they offer. For a certain number of companies, a 10 % price increase would be acceptable, and considerably fewer companies would be able to accept a 20 % increase, while only a few employers said that the electricity price increase would not affect their business.

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