CEZ Power Utility Introduces Monthly Bills in Bulgaria in Dec

Business » ENERGY | July 28, 2009, Tuesday // 18:45
Bulgaria: CEZ Power Utility Introduces Monthly Bills in Bulgaria in Dec Czech power utility CEZ should have ended its three-month power bills by the end of June. Photo by BGNES

Czech power utility CEZ, which supplies power to over 2 million households and companies in western Bulgaria, including the capital Sofia, said it will introduce monthly bills as of December 1.

At the beginning of April Bulgaria's energy watchdog slapped a BGN 500 000 fine on CEZ for not introducing monthly power bills.

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.

Following an appeal against that decision, the regulator extended the deadline for the introduction of monthly bills until the end of June.

CEZ refused to comply with that ruling either, arguing that the shift would mean more expenses and higher bills for the consumers.

According to the company it is not obliged to follow the orders of Bulgaria's energy watchdog because the Supreme Administrative Court has not come up with its decision.

 

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