The average prices on OPCOM, the power exchange operator, have decreased after the effects of drought this summer were eliminated, according to Vosganian. ANRE said prices are unlikely to increase this year.

However, it will be established in November whether there will be a price increase from January 1, 2008. “At this point, prices will stay the same,” Vosganian said following discussions with the ANRE representatives. The last change in electricity prices was seen on April 1, 2007 when they went up 3.95 percent.