Bulgaria Energy Utilities Seek Sharp Price Hikes from July

Business » ENERGY | April 30, 2015, Thursday // 22:08
Bulgaria: Bulgaria Energy Utilities Seek Sharp Price Hikes from July KEVR Chairman Ivan Ivanov. Photo BGNES

Bulgarian power distributors and heating utilities are seeking double-digit hikes in prices for end consumers from July, Nova TV reported on Thursday.

The heating utility supplying hot water to the city of Plovdiv is seeking the highest increase among its peers, by more than 30%. The heating utility in Sofia has proposed to Bulgaria’s energy regulator KEVR to allow it to raise the prices of hot water and central heating by 17.5%.

Power distributors CEZ Bulgaria and Energo-Pro are seeking a 25% rise in night-time tariffs only, while EVN Bulgaria has asked for an increase of about 8% in electricity prices for end consumers, Nova TV said.

The head of the energy regulator Ivan Ivanov told Nova that KEVR is to rule on the demands of the companies within two months.

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Tags: Bulgaria, power, heating, price, KEVR

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