Proposed Price Adjustments: Heating Costs in Sofia May See Significant Reduction
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
As of October 1, 2016, the price of natural gas will increase by less than 3.2%, which means that the prices of hot water and heating will remain unchanged, stated the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov.
Since the increase in the price of natural gas is small indeed, there is no question of changing the prices of heating energy and electric energy produced in a highly-efficient manner. Bulgarian customers may be sure that the heating season will start with the same prices as at end of the season last year.
Ivanov also defended the decision of the government to lend money to the National Elelectric Company for the repayment of the Belene debt to Russia. This is the right decision in order to stop the payment of BGN 324,000 per day in interest.
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"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
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