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A report of Bulgaria's Energy and Water Regulatory Commission (KEVR) proposes the price of electricity for end users to increase by 2 % on average from July 1.
The regulator will discuss the proposal on June 4 and the decision is expected to be taken by the end of next month, daily Dnevnik reports.
It is visible from the document that CEZ, the Czech electricity distribution company, which services western Bulgaria and Energo-Pro, which is operational in the northeast of the country, demanded a 25 % increase in the night rates.
At the same time, CEZ requested for the daily rate to increase by 10 %, while Energo-Pro wanted a 3 % rise.
The Ausitran EVN, which supplies southeastern Bulgaria, proposed 3.6 % increase in electricity prices.
However the report of KEVR foresees the increases in electricity prices to be considerably lower – 1.53 % for users of CEZ, 3.64 % for Energo-Pro customers and 1.22 % for EVN users.
One week after the start of the US and Israeli strikes against Iran, the effects are already visible on global oil markets. The escalation quickly influenced trading on international exchanges, where crude oil prices reacted to the rising uncertainty surr
Fuel prices in Bulgaria have risen by 2 to 5 percent over the past week, largely due to supply restrictions following the outbreak of military operations in the Middle East
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
Fuel prices in Bulgaria have already begun to climb in some areas, with gas station owners linking the increase to the escalating conflict in the Middle East
In Bulgaria, the overwhelming majority of complaints about high electricity bills are coming from households that rely on electricity for heating, particularly through air conditioners, the Energy and Water Regulatory Commission (EWRC) reported
Acting Energy Minister Traycho Traykov commented on Nova TV that the recent rise in fuel prices in Bulgaria is modest, with gasoline and diesel increasing by just three cents, reflecting crude oil quotations
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