Send to KindleBulgaria's energy watchdog has fined Czech power utility CEZ BGN 500 000 for not introducing monthly power bills, it said on Wednesday.
The State Energy and Water Regulatory Commission announced that the Czech utility company has not complied with its last year's ruling to end its three-month power bills by the end of March in a bid to protect consumers' interests.
The regulator extended the deadline for the introduction of monthly bills until the end of June.
"The Czech utility should take all necessary steps to comply with the terms, set by the regulator," the watchdog said.
CEZ has not given any indications that it plans to do so, arguing that the shift would mean more expenses and higher bills for the consumers.
The company supplies power to over 2 million households and companies in western Bulgaria, including the capital Sofia.
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The Prosecutor's Office and the Interior Ministry are continuing the investigation into the large theft of electricity in the Sofia village of Herakovo.
High-voltage power lines accident, owned by the State Electricity System Operator, led to the exclusion of the Boyana substation in Sofia, CEZ reported.
CEZ Distribution Bulgaria received a building permit for its largest project in 2019 - replacement of the 110 kV Zenit cable and partial reconstruction of two substations related to automation of network management, the company said.
An intentional arson of a cable shaft on Tsvetan Lazarov Street in the Druzhba district in Sofia provoked a cable fault, the press center of CEZ Bulgaria announced.
Maya Manolova has requested information from the Energy and Water Regulatory Commission under the Law on Access to Public Information (APIA) regarding the forthcoming increase in electricity prices as of July 1st, 2019.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
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