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Tuesday, April 29, 2025
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EPCG achieves significant results in renewable energy projects, strengthening savings and sustainability in Montenegro

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Elektroprivreda Crne Gore (EPCG) has announced results from its 3000+/500+ and 5000+ projects implemented between April 1, 2024, and March 31, 2025. These projects have engaged over 7,000 users, with 6,288 of them having completed certifications and already producing electricity. In this period, the total production reached 48,675,042 kWh. This resulted in a total savings of €4,957,518.36 for consumers, with an average annual savings of €788.41 per user.

Additionally, 3,908 users are eligible for payments from EPCG amounting to €593,774.41, averaging €151.94 per user.

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Thanks to the difference between the market price of electricity on the exchange (€116.17/MWh) and the guaranteed price in Montenegro (€45/MWh), EPCG achieved a profit of €3,464,202.72. These results highlight EPCG’s strategic commitment to enabling citizens to actively participate in the energy transition, improving the sustainability of domestic production, and enhancing Montenegro’s energy stability. EPCG will continue to implement projects that bring multiple benefits to citizens, EPCG, the national economy, and the environment, positioning Montenegro as a regional leader in sustainable energy. All parties—citizens, EPCG, and the Montenegrin budget—are winners, as stated by EPCG.

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