Power Distributor EVN Seeks 17.9% Price Hike in Southeastern Bulgaria

Business » ENERGY | September 2, 2014, Tuesday // 12:12
Bulgaria: Power Distributor EVN Seeks 17.9% Price Hike in Southeastern Bulgaria Photo by bnr.bg

Power distributor EVN has submitted a tariff update request with Bulgaria’s State Commission for Energy and Water Regulation (DKEVR), seeking a 17.9% price increase as of October 1, 2014.

The power distributor, which services customers in Southeastern Bulgaria, has informed that 7.2% of the proceeds from the power price hike will go straight to the National Electric Company (NEK) and the EVN companies will receive 10.7% of the total.

The power distributor has explained the price hike with the need to improve service.

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Tags: power distributor, EVN, EVN Bulgaria, National Electric Company, NEK, State Commission for Energy and Water Regulation, DKEVR
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