What are the energy prices this heating season?

The 2024/2025 heating season has officially begun, and on this occasion, the Energy Agency of the Republic of Serbia announced the amount of energy costs for heating residential space.

Heating an average insulated living space of 60 m2 at 20oC for 16 hours a day in the entire apartment, 180 days in the heating season, requires energy of about 9,000 kWh. As stated in the document, the average estimated consumption for heating in Serbia is 150 kWh/m2.

For the analysis of energy costs for heating, the efficiency of the devices used is also taken into account.

The data show that in this heating season, according to the prices from the first half of October 2024, households that use wood will have the lowest energy costs for heating in areas of Serbia where it can be purchased at lower prices – for example, 6,430 dinars per m3. This also applies to households that have newer stoves with higher efficiency – for example, 65 percent will cost RSD 53,000.

However, significantly higher costs, around 85 thousand dinars, will be incurred by households that use more expensive firewood – with a price of 8,800 dinars per m3, as well as those that own stoves of lower efficiency.

Compared to the previous heating season, as stated, the prices of firewood are five to seven percent lower.

“Households that use pellets, if they are burned in more efficient stoves designed for this fuel, will have costs of RSD 65,000, which is 23 percent less compared to the previous heating season,” the document states.

When it comes to natural gas, the heating costs this season will be the same as the previous ones and will amount to 59.5 thousand dinars, which is only 6.5 thousand dinars more expensive than the most affordable heating using wood.

Photo-illustration: Unsplash (Nikolay Kovalenko)

For coal, heating costs will be from 75.3 to 77.7 thousand dinars, which will depend on the type of coal used.

Electric heating costs will remain unchanged compared to the previous heating season.

Households that use thermoaccumulation furnaces will have costs of 81.7 thousand dinars, but with the condition that only cheaper night electricity is used. If the stove is refilled every hour during the day, when electricity is more expensive, the costs will be increased by 40 percent, so that they will amount to 113.6 thousand dinars.

If electricity is used directly in heating elements and boilers for floor heating, it will be necessary to allocate 200 thousand dinars and this is also the most expensive type of heating in this heating season.

Those households that use propane butane gas and fuel oil will allocate about 137 thousand dinars for heating oil and 165 thousand dinars for propane butane gas for the purchase of energy sources. Compared to the previous year, the price of fuel oil has decreased by 21 percent, while the price of propane butane gas is about six percent higher.

Note, the stated amounts include only the costs of purchasing energy, i.e. fuel, and do not include investment costs such as the purchase of furnaces and the installation of central heating installations, as well as the costs of periodic inspections and maintenance.

Energy portal

Source: energetskiportal.rs