Oil Prices Hit 5-Month Highs
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The electricity company EVN submitted its proposal for the price of the electricity supplied by it to the Energy and Water Regulatory Commission, the company announced. It refers to the price period from July 1, 2018 to June 2019.
If the regulator approves the electricity price applications, the daily and night tariff for household customers on a regulated market in Southeastern Bulgaria would change - by 6.9% the daily tariff will rise to BGN 0.18899 per kilowatt hour excluding VAT and 5.4% BGN 0.10586 per kilowatt hour excluding VAT.
Relative to the monthly consumption of an average household in Southeastern Bulgaria of 200 kilowatt-hours of daily energy and 70 kilowatt-hours of night energy, the monthly invoice for this household would change by BGN 3.39 with 20% VAT included. from BGN 50.86 to BGN 54.25, calculated by the company.
The approval of the announced prices will provide the company supplier EVN Bulgaria Electricity Supply the costs to fulfill its license obligations to serve more than 1.5 million customers in Southeastern Bulgaria explained the company.
The requested prices are also calculated on the basis of the reported operating cost of the electricity distribution company South Electricity for 2017 together with the inflation rate.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion