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RES1 fee to be abolished from 1 June
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RES1 fee to be abolished from 1 June
Published on: May 23, 2019 • 10:49 PM Author: PR Service
Podgorica, Montenegro (23 May 2019) -- At today's session, the Cabinet passed the Regulation on compensation for stimulating the production of electricity from renewable sources and high-efficiency cogeneration.
"Today, as the Prime Minister announced at the previous Prime Minister's Question session, the Cabinet decided to abolish the reimbursement for RES1 from 1 June," Economy Minister Dragica Sekulić told the press earlier today.
She said that the amount of funds needed to cover the necessary amount will be now paid from the budget and the funds collected from the polluters.
"In this way, we ensured that the Electric Power Industry of Montenegro's market operations are not disturbed, that citizens are partially relieved of payments by using renewable energy sources, and that the average electricity bills remain the same or partly reduced," Minister Sekulić explained.
She also noted that today's Cabinet session discussed the future of renewable electricity sources and that the practice of not giving new concessions for small hydro power plants will continue.
"We will, however, continue to lease land without privileged tariffs for consumers," the Economy Minister said.
She concluded by saying that the Cabinet tasked the Ministry of Economy, as a coordinator, to review all the documents issued by all Montenegrin institutions, and for each location for which the concession was given, saying that giving the concession is only one of a large number of steps which the lessee must respect in order to be able to build.
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