The State Electricity Regulatory Commission (SERC) informs the public that the following tariff proceedings are in progress:

-              tariff proceedings for setting of tariffs for distribution services and tariff rates for supply of households in Brčko District BiH,

-              tariff proceedings for setting of tariffs for operation of Independent System Operator and ancillary services, and

-              tariff proceedings for setting of tariffs for electricity transmission services.

SERC points out that formal public hearings have been held during the proceedings so far, after which the relevant reports have been prepared on which the regulated companies and other interested parties (interveners) will have an opportunity to provide their comments.

Therefore, with regard to different forecasts and expectations of a part of the public concerning the timing and possible outcome of the tariff proceedings, which some media are spreading, SERC informs that the information forecasting an increase of end-customer prices as the result of tariff proceedings is ungrounded.

Final decisions on tariffs, based on established facts and conclusions reached as a result of the overall course of the conducted proceedings, shall be made by SERC on its session scheduled for 22 December 2011.