Until the End of the Heating Season, the Prices of Heating and Electricity will not be Increased

Politics » DOMESTIC | January 3, 2018, Wednesday // 12:16
Bulgaria: Until the End of the Heating Season, the Prices of Heating and Electricity will not be Increased archive

Until 1 April, when is the end of the heating season, heating and electricity prices will not be increased. This was assured by the Chairman of the Commission for Energy and Water Regulation (KEVR) Assoc. Prof. Ivan Ivanov in an interview with BTA.

According to him, the water sector has been underfunded for years, which has not allowed to improve the quality of drinking water. In his words, the more significant increase in water supply and sewerage services, which occurred at the end of 2017, has to make up for the lack of any investments in the previous years. Over the next 4 years there will be price adjustments that will be much smaller. The chairman of the KEVR believes that in 5 years Bulgaria will have a fully liberalized electricity market, which will create a competitive environment and will not allow sharp jumps in the price of electricity. According to Ivan Ivanov, the energy sector has stabilized in recent years.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Domestic » Be a reporter: Write and send your article
Tags: heating, season, electricity, prices

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria