"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st. According to their application to the Energy and Water Regulatory Commission (EWRC), the company aims to lower the price per megawatt hour to 97.78 leva without VAT, which represents a 29.11% decrease from the current rate of 137.93 BGN per megawatt hour.
Similarly, "Toplofikatsia Pleven" has submitted an application suggesting a reduction in the price of heat energy to 56.10 BGN per megawatt hour, a decrease of 42.13% compared to the current rate. However, "Toplofikatsia Burgas" has proposed an increase in price by 24.5%.
Meanwhile, "Toplofikatsia Plovdiv" has also submitted an application to EWRC regarding pricing from July 1st, but the details remain confidential. In March, the company announced an anticipated 13% change in the final price of heat energy based on their calculations.
Typically, EWRC evaluates pricing elements across all companies and applies a standardized approach, with adjustments made accordingly. A public discussion on the matter is scheduled to take place, after which EWRC will issue its final decision on heating and hot water prices by June 30th.
At a closed session, the Energy and Water Regulatory Commission (EWRC) approved an average increase of 8.42% in electricity prices for household consumers
Municipal councilors from the "We Continue the Change-Democratic Bulgaria-Spasi Sofia" (WCC-DB-SS) coalition are raising concerns over the dire situation at Toplofikatsiya-Sofia (District Heating Sofia)
The price of natural gas in Bulgaria is expected to rise by nearly 11% in December, reaching 76 leva per megawatt-hour before taxes and additional charges
KazMunayGas, the state-owned oil company of Kazakhstan, is reportedly taking part in a tender to acquire the Bulgarian-based refinery of Russian oil giant Lukoil
At a closed session, the Energy and Water Regulatory Commission (EWRC) approved an average increase of 8.42% in electricity prices for household consumers
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
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