Proposed Price Adjustments: Heating Costs in Sofia May See Significant Reduction
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
By the end of this year the electricity prices in Bulgaria might rise again, Ilian Iliev, member of the energy watchdog DKEVR told the Bulgarian National Television.
According to him, it probably will not be more than 3% and would most likely happen in October.
The price hike is necessary in order to cover the deficit of the National Electricity Company (NEK).
DKEVR calculations show that the profits in the next five years could cover a deficit of BGN 1 B.
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