Bulgarian Watchdog to Review License Terms of Power Distributors

Business » ENERGY | June 5, 2014, Thursday // 15:57| Views: 1084 | Comments: 0
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Bulgaria: Bulgarian Watchdog to Review License Terms of Power Distributors Boyan Boev, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), photo by BGNES

Boyan Boev, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has informed about an upcoming revision of the license terms of power distributors.

In a Thursday interview for investor.bg, Boev said that such a review had never been made and reminded that the recent audit of the three companies, CEZ Bulgaria, EVN Bulgaria and Energo-Pro, had shown that some of the provisions were mutually exclusive or contradicted legal provisions.

"To me it makes sense to conduct such reviews every 2-3 years," Boev added.

He specified that the review would be carried out with the participation of representatives of the three power distributors.

He made clear that DKEVR experts were preparing the statements of offence for the violations detected during the audit, adding that they would subsequently be sent to the power distributors.

Several weeks ago, DKEVR presented a report from the audit of the activity of the three power distributors in the period 2008-2012.

The report informed about a total of 2690 violations in the work of the three power distributors.

The violations at the three companies were similar, including higher revenues than the amount declared at the energy watchdog, unlawfully inflated expenses, poor quality of service, and irregularities surrounding the replacement of metering devices.

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Tags: Boyan Boev, State Commission for Energy and Water Regulation, DKEVR, power distributors, audit
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