Electricity pricing

Janša announces further measures to contain electricity prices

Vrhnika – Prime Minister Janez Janša has announced that the government will continue to intervene as long as necessary to contain high electricity prices. The main problem, in his view, is the European formula to calculate electricity prices that takes into account gas prices, but the formula is about to change.

Gov’t mulls 25 pct electricity discount for businesses

The Turkish government is working on arrangements to reduce electricity bills some 25 percent for businesses, Energy and Natural Resources Minister Fatih Dönmez has said.

"A multiple-grade tariff will be brought for small businesses. A discount of 25 percent is being considered for the low-consumption grade," he told a private broadcaster on Feb. 17.

Government weighing options to ease electricity costs

The government is currently weighing several options to lower the electricity costs of households and businesses.

At the start of the year, a gradual tariff was introduced for households' consumption and the Energy Market Regulatory Authority (EPDK) set the limit in the two-stage electricity billing system as 150 kilowatt-hours.

Bulgarian Government Promises BGN 450 Million in Compensation for Expensive Electricity

Up to BGN 250 per megawatt-hour will be compensated for schools, community centers and children's institutions for the two months of January and February, announced the Minister of Finance and Deputy Prime Minister Asen Vassilev in the blitz parliamentary control. The funds are from additional revenues and are BGN 450 million.