Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity

Business » INDUSTRY | April 18, 2018, Wednesday // 10:39| Views: | Comments: 0
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Bulgaria: Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity pixabay.com

The electricity distribution companies in Bulgaria CEZ, EVN and Energo Pro have submitted applications to the Energy and Water Regulatory Commission (EWRC) requesting 8% to 20% increase in the prices of electricity as of 1st of July, the regulator said on 17th of April.

The largest increase in power price, by 20%, was requested by CEZ which is the company supplying electricity in West Bulgaria. Thus, if a household has an average bill of 54 BGN per month, the bill would go up by 11BGN. The cause is the requested sharp increase in the night tariff.

The lowest proposed increase is by 8.17% by Energo Pro for North-East Bulgaria, where the average bill would rise by 5 BGN.

The proposed increase for South-East Bulgaria is by 9%, which would also increase by nearly 5 BGN.

The chair of the Energy and Water Regulatory Commission again reassured that the requests were excessive and would most likely not be fully satisfied.

 Source: BNT
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Tags: Energy and Water Regulatory Commission (EWRC), CEZ, power, price, electricity
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