Electric power distribution

Power rates Europe’s highest

Greece remained among the most expensive wholesale electricity markets in Europe in 2022, a year when the average price of electricity increased by 141% compared to 2021.

In the same year, the cost of natural gas imports more than doubled compared to 2021, while it almost quintupled compared to 2018.

Electricity prices for SMEs capped

After capping electricity and gas prices for the benefit of households, protected consumers and public institutions, the government has now imposed a price cap on electricity supplied to micro, small and medium-sized companies.

Under a regulation adopted by the government on 30 December, the cap will be in force for six months starting from 1 January.

Almost 12% more Expensive Electricity for Businesses in Bulgaria

Electricity was traded on the Bulgarian Independent Energy Exchange (BNEB) at an average price of BGN 419.68 (without VAT) per megawatt hour, according to trading data in the "Day Ahead" market segment after the close of the exchange, BTA reported. Deals are based on tomorrow's delivery day (October 18).

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