The Energy Regulatory Commission (ERC) can pass a decision over change in electricity prices if analyses show that costs of EVN and Macedonian Power Plants (ELEM) in the course of the winter exceeded five percent, said chairman Dimitar Petrov at Monday's press conference.

He added the two companies have not submitted such requests for now.

"They are analysing the costs that occurred in the winter due to the high price of imported electricity", said Petrov.

He explained that in line with the regulated price rulebook, if any of the companies posted increased costs by more than five percent, it could submit a request for price adjustment, which would be reviewed later.

Pertaining to the stability of Macedonia's power system, taking into account developments in Greece, Petrov and Electricity Transmission System Operator of Macedonia (MEPSO) director Dejan Boskovski both voiced assurance there is no lack of electricity in Macedonia.

"We are monitoring the situation and there are no serious deviations from the normal operations", said Boskovski.

According to Petrov, the system is prepared for any scenario.

"There is no lack of electricity in Macedonia. Production capacities meet our needs", emphasized Petrov, adding that possible shortcomings would be secured through the links with Serbia and Bulgaria.