President Rumen Radev has vetoed the amendments to the Energy Act, by force of which the electricity market for household consumers will be fully liberalized by 2026. PM Denkov: We will not allow electricity prices to go up after the..
As of July 1, 2023, the price of electricity for household consumers will rise by 4.37% on average. The new prices will be in force for a period of 12 months. This was decided by the Energy and Water Regulatory Commission. Thus, the customers..
Bulgaria’s Ministry of Energy will not submit a proposal for a double electricity tariff for household consumers, the Ministry’s press office announced. Last week, the ministry proposed a subsidized price for energy consumption of up to 800 kWh in..
Bulgaria's caretaker government has developed an energy compensation mechanism in a draft law to implement the European regulation to tackle high energy prices. This was stated by the Deputy Prime Minister for Economic Affairs Hristo Alexiev at a meeting..
Bulgargaz had to buy Russian gas through intermediaries at higher prices because of the termination of gas supplies by Gazprom, Ivan Topchiysky, Chairman of the Board of Directors of Bulgargaz said for the BNT. In his words, gas traders are not..
The Energy and Water Regulatory Commission is ready to introduce block rate tariffs for electricity, heating and water. As a result, consumption below a certain threshold will be charged at a lower rate, whereas consumption above these thresholds..
Democratic Bulgaria will submit a proposal to the country’s Parliament to raise the VAT registration threshold as of the beginning of 2023, which would bring prices and inflation down, MP Martin Dimitrov announced. Late payment interest rates..
Bulgaria's ombudsman Diana Kovacheva insists that the compensations for the household consumers of natural gas be increased. In a letter to the ministers of finance and energy Assen Vassilev and Alexander Nikolov, she informs that citizens feel..
The Energy and Water Regulatory Commission is planning a 11.5% increase in the price of electricity for household consumers as of the beginning of 2021. Prices of central heating and hot water are expected to increase by 16% in the countryside and..
