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⚡️ Electricity prices 🇷🇸 Serbia ⚡️

Today's electricity price in Serbia is € 177.82 /MWh (≈ 20,840 дин /MWh) (€ 0.1778 /kWh (≈ 20.8 дин /kWh)).

Show prices in
Serbia avg today
20.8 дин€ 0.1778 /kWh
Yesterday
17.3 дин€ 0.1477 /kWh
Last 7 days
16.9 дин€ 0.1441 /kWh
Last 30 days
17.0 дин€ 0.1451 /kWh
23,374 дин€ 199.447,054 дин€ 60.19RSD/MWh€/MWh3,8053,091MW2026-08-242026-09-222026-08-24: 18,740 дин /MWh (≈ € 159.90 /MWh) · 3,805 MW2026-08-25: 18,512 дин /MWh (≈ € 157.95 /MWh) · 3,574 MW2026-08-26: 19,078 дин /MWh (≈ € 162.78 /MWh) · 3,566 MW2026-08-27: 19,692 дин /MWh (≈ € 168.02 /MWh) · 3,658 MW2026-08-28: 14,897 дин /MWh (≈ € 127.11 /MWh) · 3,782 MW2026-08-29: 13,287 дин /MWh (≈ € 113.37 /MWh) · 3,574 MW2026-08-30: 11,118 дин /MWh (≈ € 94.87 /MWh) · 3,336 MW2026-08-31: 15,495 дин /MWh (≈ € 132.21 /MWh) · 3,292 MW2026-09-02: 20,276 дин /MWh (≈ € 173.00 /MWh)2026-09-03: 21,672 дин /MWh (≈ € 184.92 /MWh) · 3,674 MW2026-09-04: 17,552 дин /MWh (≈ € 149.76 /MWh) · 3,639 MW2026-09-05: 13,415 дин /MWh (≈ € 114.46 /MWh) · 3,515 MW2026-09-06: 7,054 дин /MWh (≈ € 60.19 /MWh) · 3,367 MW2026-09-07: 22,332 дин /MWh (≈ € 190.54 /MWh) · 3,518 MW2026-09-08: 20,900 дин /MWh (≈ € 178.33 /MWh) · 3,530 MW2026-09-09: 12,813 дин /MWh (≈ € 109.33 /MWh) · 3,551 MW2026-09-10: 20,439 дин /MWh (≈ € 174.39 /MWh) · 3,563 MW2026-09-11: 19,238 дин /MWh (≈ € 164.14 /MWh) · 3,648 MW2026-09-12: 17,624 дин /MWh (≈ € 150.38 /MWh) · 3,497 MW2026-09-13: 14,389 дин /MWh (≈ € 122.77 /MWh) · 3,200 MW2026-09-14: 23,374 дин /MWh (≈ € 199.44 /MWh) · 3,322 MW2026-09-15: 21,414 дин /MWh (≈ € 182.72 /MWh) · 3,351 MW2026-09-16: 17,800 дин /MWh (≈ € 151.88 /MWh) · 3,379 MW2026-09-17: 12,784 дин /MWh (≈ € 109.08 /MWh) · 3,468 MW2026-09-18: 18,708 дин /MWh (≈ € 159.62 /MWh) · 3,463 MW2026-09-19: 16,410 дин /MWh (≈ € 140.01 /MWh) · 3,205 MW2026-09-20: 13,769 дин /MWh (≈ € 117.48 /MWh) · 3,091 MW2026-09-21: 17,311 дин /MWh (≈ € 147.71 /MWh) · 3,305 MW2026-09-22: 20,840 дин /MWh (≈ € 177.82 /MWh) · 3,450 MW

Today's electricity price hour by hour

Hourly spot prices for Serbia on 2026-09-22. Updated automatically every night at midnight and refreshed again when ENTSO-E publishes new day-ahead data. Times are shown in CEST.

HourRSD/MWh€/MWhRSD/kWh€/kWh
02:0012,072 дин€ 103.0012.1 дин€ 0.1030
03:0011,368 дин€ 97.0011.4 дин€ 0.0970
04:0012,540 дин€ 107.0012.5 дин€ 0.1070
05:0017,587 дин€ 150.0617.6 дин€ 0.1501
06:0025,305 дин€ 215.9125.3 дин€ 0.2159
07:0032,616 дин€ 278.2932.6 дин€ 0.2783
08:0026,722 дин€ 228.0026.7 дин€ 0.2280
09:0019,692 дин€ 168.0219.7 дин€ 0.1680
10:0013,947 дин€ 119.0013.9 дин€ 0.1190
11:0011,720 дин€ 100.0011.7 дин€ 0.1000
12:0011,547 дин€ 98.5211.5 дин€ 0.0985
13:0014,064 дин€ 120.0014.1 дин€ 0.1200
14:0015,227 дин€ 129.9215.2 дин€ 0.1299
15:0016,402 дин€ 139.9516.4 дин€ 0.1400
16:0022,264 дин€ 189.9722.3 дин€ 0.1900
17:0027,072 дин€ 230.9927.1 дин€ 0.2310
18:0037,504 дин€ 320.0037.5 дин€ 0.3200
19:0043,950 дин€ 375.0044.0 дин€ 0.3750
20:0035,746 дин€ 305.0035.7 дин€ 0.3050
21:0026,957 дин€ 230.0127.0 дин€ 0.2300
22:0021,107 дин€ 180.0921.1 дин€ 0.1801
23:0018,154 дин€ 154.9018.2 дин€ 0.1549
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Serbia's electricity sector is uniquely coal-dependent: lignite from the Kolubara and Kostolac basins covered around 65% of generation in 2024, with hydro from the Iron Gates and Drina rivers adding ~28%. Elektromreža Srbije (EMS), the national TSO, operates the RS bidding zone synchronously coupled to Hungary, Romania, Bulgaria, North Macedonia, Bosnia and Croatia. The country runs SEEPEX, the regional day-ahead market shared with Slovenia and operationally linked to BSP Southpool.

Wind capacity has grown to ~400 MW since 2018, while utility-scale solar — held back for years by permitting bottlenecks — finally accelerated in 2024 with the first Kostolac and Vlasina projects. The 2030 climate plan targets a 40% renewable share but commits to keeping lignite as backup well into the 2040s, reflecting the government's reluctance to retire ~5 GW of coal capacity that anchors winter supply during regional cold snaps.

EPS, the state utility, dominates generation with 60%+ market share.

DateMWRSD/MWh€/MWhRSD/kWh€/kWh
2026-09-23day-ahead———
2026-09-223,450▲20%20,840 дин€ 177.8220.8 дин€ 0.1778
2026-09-213,305▲26%17,311 дин€ 147.7117.3 дин€ 0.1477
2026-09-203,091▼16%13,769 дин€ 117.4813.8 дин€ 0.1175
2026-09-193,205▼12%16,410 дин€ 140.0116.4 дин€ 0.1400
2026-09-183,463▲46%18,708 дин€ 159.6218.7 дин€ 0.1596
2026-09-173,468▼28%12,784 дин€ 109.0812.8 дин€ 0.1091
2026-09-163,379▼17%17,800 дин€ 151.8817.8 дин€ 0.1519
2026-09-153,351▼8%21,414 дин€ 182.7221.4 дин€ 0.1827
2026-09-143,322▲62%23,374 дин€ 199.4423.4 дин€ 0.1994
2026-09-133,200▼18%14,389 дин€ 122.7714.4 дин€ 0.1228
2026-09-123,497▼8%17,624 дин€ 150.3817.6 дин€ 0.1504
2026-09-113,648▼6%19,238 дин€ 164.1419.2 дин€ 0.1641
2026-09-103,563▲60%20,439 дин€ 174.3920.4 дин€ 0.1744
2026-09-093,551▼39%12,813 дин€ 109.3312.8 дин€ 0.1093
2026-09-083,530▼6%20,900 дин€ 178.3320.9 дин€ 0.1783
2026-09-073,518▲217%22,332 дин€ 190.5422.3 дин€ 0.1905
2026-09-063,367▼47%7,054 дин€ 60.197.1 дин€ 0.0602
2026-09-053,515▼24%13,415 дин€ 114.4613.4 дин€ 0.1145
2026-09-043,639▼19%17,552 дин€ 149.7617.6 дин€ 0.1498
2026-09-033,674▲7%21,672 дин€ 184.9221.7 дин€ 0.1849
2026-09-02—20,276 дин€ 173.0020.3 дин€ 0.1730
2026-09-01———
2026-08-313,292▲39%15,495 дин€ 132.2115.5 дин€ 0.1322
2026-08-303,336▼16%11,118 дин€ 94.8711.1 дин€ 0.0949
2026-08-293,574▼11%13,287 дин€ 113.3713.3 дин€ 0.1134
2026-08-283,782▼24%14,897 дин€ 127.1114.9 дин€ 0.1271
2026-08-273,658▲3%19,692 дин€ 168.0219.7 дин€ 0.1680
2026-08-263,566▲3%19,078 дин€ 162.7819.1 дин€ 0.1628
2026-08-253,574▼1%18,512 дин€ 157.9518.5 дин€ 0.1580
2026-08-243,805▲43%18,740 дин€ 159.9018.7 дин€ 0.1599

Price comparison — Serbia

PeriodAveragevs today
Today20.8 дин€ 0.1778 /kWh—
Yesterday17.3 дин€ 0.1477 /kWh▼ 17%
Last 7 days16.9 дин€ 0.1441 /kWh▼ 19%
Last 30 days17.0 дин€ 0.1451 /kWh▼ 18%
Current month17.6 дин€ 0.1504 /kWh▼ 15%
Previous month16.0 дин€ 0.1367 /kWh▼ 23%
Same month last year11.7 дин€ 0.0998 /kWh▼ 44%

Historical electricity prices

Latest energy news in Serbia

FAQ — Serbia

How is the electricity price determined?
Day-ahead prices in Serbia are auctioned each morning around 13:00 CEST on Nord Pool / EPEX. The cheapest mix of generation that meets demand wins; that price applies for the next 24 hours.
When is electricity cheapest?
Today's average wholesale price in Serbia is 20.8 дин /kWh. Cheapest hours typically fall between 00:00–04:00 CEST and around midday on sunny / windy days.
Why is my electricity bill higher than the spot price?
The wholesale spot price you see here is one component. Your retail bill in Serbia also adds electricity tax, grid fees, VAT and a supplier markup — total roughly 30–60 % above wholesale.
How accurate is this data?
Source: ENTSO-E Transparency Platform, the EU regulator's data feed. Updated every 10–20 minutes.
Are tomorrow's prices already known?
Tomorrow's day-ahead prices for Serbia appear on this page automatically once Nord Pool / EPEX closes the auction around 13:00 CEST each day.

Compare with neighbouring countries

Electricity prices in cities in Serbia