Energy Watchdog Postpones Decision On Price Hike For Wednesday

Business » ENERGY | September 30, 2014, Tuesday // 21:07
Bulgaria: Energy Watchdog Postpones Decision On Price Hike For Wednesday File photo.

Bulgaria's energy watchdog (DKEVR) will decide on the new, higher, electricity prices on Wednesday, reports the Bulgarian National Radio.

DKEVR was supposed to make its final decision on the expected price hike on Tuesday, but its meeting was delayed by protests of various organisations and parties and started on Tuesday afternoon.

The electricity price is expected to go up by an average of 9.79%. The clients of CEZ Bulgaria in the western parts of the country would see the highest hike – by 9.9%. Clients of EVN in southern and south eastern Bulgaria would see their bills increase by 9.5%.

In an interview for the bTV national channel on Monday, the head of DKEVR, Svetla Todorova, hinted that in the next months the electricity price might increase by a total of 50%, if it were the only means of helping troubled National Electricity Company (NEK), which has a significant deficit.

She said other options will be sought, as such high electricity bills would be socially unacceptable.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: electricity, prices, hike, DKEVR, NEK
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria