According to Eurostat, Montenegro has maintained one of the most stable and lowest electricity prices for households in the period from 2020 to 2025. Despite global energy instability caused by geopolitical tensions, especially the war in Ukraine, and shifts in global demand, Montenegro’s domestic electricity prices have remained relatively stable compared to countries like Germany, Belgium, the Netherlands, Italy, Greece, and Ireland, which experienced significant price spikes.
This stability is largely attributed to Montenegro’s reliance on domestic electricity production, primarily from hydroelectric plants and the Pljevlja thermal power plant, as well as subsidies and regulatory measures that mitigate market pressures. Key components of household electricity prices include energy supply costs, network maintenance costs, and taxes, with Montenegro having relatively lower taxes compared to many European countries.
Although climatic factors, such as droughts, can affect production and prices, Montenegro’s energy policy has helped maintain affordability. Eurostat highlights that the country’s electricity prices for households have remained significantly lower than the EU average and stable compared to other Eastern European countries.
This makes Montenegro an example of energy resilience in the region and underscores the importance of monitoring trends and adapting energy strategies to global and local market changes.
