Bulgarians Shocked by Hikes of Heating, Electricity

Business » ENERGY | June 28, 2010, Monday // 18:50
Bulgaria: Bulgarians Shocked by Hikes of Heating, Electricity A large portion of Bulgaria's heating system, in which heating is centrally distributed, is gas-dependent.

The Bulgarian state regulator of energy announced Monday price hikes as high as 18.6% for heating and 1.88% for electricity.

This comes as a result of the raise of the price of natural gas with 24.63% revealed earlier Monday.

Heating in Bulgaria is largely gas-dependent. The highest raise is for the capital Sofia with a staggering 18.6%.

A hike of 15.92% is announced for Vratza, 15.92% for Varna and 13.30 % for Plovdiv. Varna and Plovdiv are Bulgaria's second- and third-biggest cities.

The increase in the price of electricity is different for different power distribution companies. For customers of CEZ, which services Western Bulgaria, it will be 1.88%; for E.ON customers (North-Eastern Bulgaria); for EVN customers (South-East Bulgaria) - 1.39%.

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Tags: electricity, heating, heating price, electricity price, price increase, State Commission for Energy and Water Regulation
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