Bulgarian tax authorities are under way of making checks of electrical power utilities in the country, according to information by Bulgaria's Finance Minister Simeon Djankov, quoted by BGNES news agency.

Officers of the National Revenue Agency are checking the utilities' contracts for consulting in order to find any irregularities, according to Djankov.

Djankov further stated that the recently uncovered rates for consultant compensations are remarkably high for European standards.

Last Sunday Bulgaria's state energy regulator, the Commission for Energy and Water Regulation announced that Bulgaria's three power utilities – German-owned E.ON, Austrian-owned EVN, and CEZ – have committed serious violations when outsourcing their services.

According to the Commission report, the three utilities broke their licensing terms. CEZ and E.ON are found to have outsourced almost all of their services to their parent companies, which in turn outsourced them to outside entities. This has been described by the regulator as anti-market and nontransparent behavior. EVN is discovered to have had its electricity distribution firm provide services to its electricity providing firm and heating utility.

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