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⚡️ Electricity prices 🇷🇸 Serbia ⚡️

Today's electricity price in Serbia is € 103.02 /MWh (≈ 12,074 дин /MWh) (€ 0.1030 /kWh (≈ 12.1 дин /kWh)).

Serbia avg today
12.1 дин /kWh
Yesterday
9.3 дин /kWh
Last 7 days
10.1 дин /kWh
Last 30 days
10.0 дин /kWh
⏰ Cheapest-hour calculator →🔌 EV charging cost →🌡️ Heat pump savings →☀️ Solar payback →
15,586 дин4,888 динRSD/MWh4,0663,209MW2026-04-052026-05-042026-04-05: 4,888 дин /MWh · 3,738 MW2026-04-06: 8,349 дин /MWh · 3,888 MW2026-04-07: 10,597 дин /MWh · 3,957 MW2026-04-08: 11,414 дин /MWh · 4,051 MW2026-04-09: 10,352 дин /MWh · 4,066 MW2026-04-10: 13,503 дин /MWh · 3,797 MW2026-04-11: 11,536 дин /MWh · 3,889 MW2026-04-12: 9,191 дин /MWh · 3,544 MW2026-04-13: 9,064 дин /MWh · 3,599 MW2026-04-14: 11,468 дин /MWh · 3,812 MW2026-04-15: 15,586 дин /MWh · 3,908 MW2026-04-16: 13,496 дин /MWh · 3,802 MW2026-04-17: 10,059 дин /MWh · 3,636 MW2026-04-18: 7,369 дин /MWh · 3,437 MW2026-04-19: 7,582 дин /MWh · 3,276 MW2026-04-20: 12,784 дин /MWh · 3,505 MW2026-04-21: 13,337 дин /MWh · 3,632 MW2026-04-22: 10,390 дин /MWh · 3,891 MW2026-04-23: 7,734 дин /MWh · 3,852 MW2026-04-24: 7,663 дин /MWh · 3,753 MW2026-04-25: 8,089 дин /MWh · 3,518 MW2026-04-26: 5,969 дин /MWh · 3,236 MW2026-04-27: 9,665 дин /MWh · 3,430 MW2026-04-28: 11,339 дин /MWh · 3,439 MW2026-04-29: 12,547 дин /MWh · 3,559 MW2026-04-30: 10,758 дин /MWh · 3,779 MW2026-05-01: 7,549 дин /MWh · 3,602 MW2026-05-02: 9,568 дин /MWh · 3,513 MW2026-05-03: 9,256 дин /MWh · 3,209 MW2026-05-04: 12,074 дин /MWh · 3,418 MW

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/MWhRSD/kWh
2026-05-05day-ahead———
2026-05-043,418▲30%12,074 дин12.1 дин
2026-05-033,209▼3%9,256 дин9.3 дин
2026-05-023,513▲27%9,568 дин9.6 дин
2026-05-013,602▼30%7,549 дин7.5 дин
2026-04-303,779▼14%10,758 дин10.8 дин
2026-04-293,559▲6%12,547 дин12.5 дин
2026-04-283,439▼12%11,339 дин11.3 дин
2026-04-273,430▲15%9,665 дин9.7 дин
2026-04-263,236▼48%5,969 дин6.0 дин
2026-04-253,518▼9%8,089 дин8.1 дин
2026-04-243,753▼27%7,663 дин7.7 дин
2026-04-233,852▼26%7,734 дин7.7 дин
2026-04-223,891▼22%10,390 дин10.4 дин
2026-04-213,632▲4%13,337 дин13.3 дин
2026-04-203,505▲58%12,784 дин12.8 дин
2026-04-193,276▼18%7,582 дин7.6 дин
2026-04-183,437▼27%7,369 дин7.4 дин
2026-04-173,636▼25%10,059 дин10.1 дин
2026-04-163,802▼13%13,496 дин13.5 дин
2026-04-153,908▲34%15,586 дин15.6 дин
2026-04-143,812▲26%11,468 дин11.5 дин
2026-04-133,599▼10%9,064 дин9.1 дин
2026-04-123,544▼20%9,191 дин9.2 дин
2026-04-113,889▼15%11,536 дин11.5 дин
2026-04-103,797▲20%13,503 дин13.5 дин
2026-04-094,066▼24%10,352 дин10.4 дин
2026-04-084,051▼15%11,414 дин11.4 дин
2026-04-073,957▼10%10,597 дин10.6 дин
2026-04-063,888▲22%8,349 дин8.3 дин
2026-04-053,738▼43%4,888 дин4.9 дин

Price comparison — Serbia

PeriodAveragevs today
Today12.1 дин /kWh—
Yesterday9.3 дин /kWh▼ 23%
Last 7 days10.1 дин /kWh▼ 16%
Last 30 days10.0 дин /kWh▼ 17%
Current month9.6 дин /kWh▼ 20%
Previous month10.7 дин /kWh▼ 11%
Same month last year11.1 дин /kWh▼ 8%

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 12.1 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