The decrease in prices of natural gas is to result in lower heating and hot water bills, with different heating utilities expected to reduce tariffs by 3.8% - 6.5%. File photo
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) announced Thursday new, lower gas prices as of the second quarter of 2013, confirming expectations.
State-owned gas supplier Bulgargaz had requested a decrease of 3.2% in gas rates as of April 1, but the energy watchdog conclusively voted for a 3.89% price drop.
The decrease in prices of natural gas is to result in lower heating and hot water bills, with different heating utilities expected to reduce tariffs by 3.8% - 6.5%.
Prices of natural gas are expected to remain unchanged by end-2013 after the Q2, 2013 price drop.