Electricity Prices Might Soar from October 1 - DKEVR
Energy bills in Bulgaria might gradually go up starting October to cover deficits at the state-owned utility NEK, the state electricity regulator announced.
DKEVR, the energy watchdog, earlier announced the National Electricity Company (NEK)'s debts amount to BGN 2.4 B (EUR 1.2 B) over the past four years.
An abrupt increase of bills is however not envisaged, website Dariknews.bg quoted DKEVR head Boyan Boev as saying.
Price hikes might be introduced on a quarterly basis, a measure already applied for natural gas, heating, and hot water.
Boev underscored any changes could be avoided only if Brussels responded properly to a complaint DKEVR lodged Wednesday regarding state aid granted to two US-owned thermal power plants and to renewable energy producers.
So far the EU Commission has not provided an official answer.
The energy watchdog also suggests that prices for purchasing electricity from the two TPPs be reduced and that the quota of renewable energy bought to be pumped into the system be curtailed.
- » EU Energy Commissioner Negotiates Key Energy Projects With Greek Govt
- » Bulgaria, Serbia to Ink Gas Interconnector MoU
- » License for Kozloduy's Fifth Unit To Be Issued by September
- » Bulgaria, Macedonia Mull Coupling Day-Ahead Electricity Markets
- » Bulgaria’s Former Vice PM Indicted for EVN Privatisation
- » Bulgaria Halts Electricity Exports