Energy and Water Regulatory Commission

Bulgarian Energy, Water Regulator Proposes 2% Increase in Natural Gas Price

The Energy and Water Regulatory Commission (KEVR) will decide in an open session on Tuesday whether to raise the price of natural gas as of October 1.

The regulator proposed to raise the price of gas by nearly 2% for the last quarter of 2016 due to price changes on world markets.

Bulgarian Energy Regulator Cuts Gas Price by 23% from 1 April

Bulgaria's energy regulator has endorsed a proposal of state-owned wholesale gas supplier Bulgargaz to cut natural gas price by 23.02% for the second quarter of 2016.

The latest cut takes to 48% the drop in gas price since the start of last year, the Energy and Water Regulatory Commission (KEVR) said in a statement on Thursday. 

Bulgaria's Gas Grid Operator Takes Step to Market Liberalization

Gas grid operator Bulgartransgaz has announced it is ready with a draft set of balancing rules for the gas market, a move that constitutes the first step toward liberalization.

Balancing gas purchase contracts, the rules themselves, and other documents are available (only in Bulgarian as of the moment) on Bulgartransgaz's website.

Bulgaria's Energy Watchdog Proposes Cut in Heating, Hot Water Prices

Bills for hot water and heating should go down across Bulgaria starting April 01, energy regulator KEVR has said.

The state agency, whose abbreviation stands for Energy and Water Regulatory Commission, is making its new proposal in relation to a forthcoming drop in gas prices by nearly 23% from next month.

Bulgarian Energy Minister Foresees Decrease in Electricity Prices

Bulgarian Energy Minister Temenuzhka Petkova is predicting a possible decrease in the prices of electricity due to the falling prices of natural gas.

In an interview for the Bulgarian National Television (BNT) on Friday, Petkova said that the expected decrease in the price of natural gas is slightly above 20 %.

Bulgarian Energy Regulator Expects 20% Drop in Natgas Price in Q2

The price of natural gas in Bulgaria is expected to fall by about one-fifth from the beginning of April, reflecting a sustained decline in global oil prices, the head of the country's energy regulator has forecast.

Bulgaria relies almost entirely on imports of Russian gas to meet its needs.

Bulgarian Energy Minister Foresees No Power Price Hike Until Summer

Bulgarian Energy Minister Temenuzhka Petkova foresees no increase in the price of electricity at least until the summer.

The price will remain at the level determined by the Energy and Water Regulatory Commission (KEVR) until the next planned review of prices in the summer.