Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Photo by BGNES
A new energy tax will be collected from the producers of renewable energy, Bulgaria's State Commission for Energy and Water Regulation decided on Tuesday.
The charge of BGN 2.45 per MW will be paid to the State System Operator for Electric Energy. It will be backdated to September 14, 2012, when the previous "temporary" fee, now declared illegal and scrapped by a court, came into force.
With the changes made by the energy watchdog, the State System Operator will be freed of the larger part of its duties to the producers. It will be able to subtract the new fee out of its financial liabilities - BGN 46.8 M as of February this year.
At the same time CEZ, EVN and Energo Pro, the power distributors operating in Bulgaria, are already preparing to return all the fees collected under the old taxation law to the renewable energy producers, which amount to BGN 95.1 M.
Representatives of the Bulgarian photovoltaic industry declared their intention to appeal the watchdog's decision for a new fee.
Power regulators also received the news with discontent, with some of them explaining that paying only to the State System Operator is "discriminatory" as they also have expenses for supporting the grid, Bulgarian newspaper Trud reports.
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
Starting today, the Ministry of Energy and the Energy Regulatory Commission (EKVR) are conducting extraordinary inspections of electricity distribution companies and end suppliers,
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
Bulgaria is among the EU countries that experienced a notable drop in the use of renewable energy for heating and cooling in 2024, with the share declining by 1.9 percentage points compared to the previous year.
Russia’s oil giant Lukoil, which is under U.
Bulgaria and the United States have agreed to step up cooperation in the energy sector by setting up a joint expert structure to work on priority projects of shared strategic importance.
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