Electricity pricing

Romania's primary energy supply increased by 1.0pct, while electricity supply declined 4.5pct, both in the first five months of 2019, year-over-year, according to data published on Friday by the National Institute of Statistics (INS). The main primary energy supply January 1 - May 31, 2019 totalled 14.406 million tonnes of oil equivalent (toe), up 147,100 toe from the same period of 2018.

In its decision № CC-19 dated July 1, 2019, the Energy and Water Regulatory Commission (KEVR) approved new electricity prices for household and non-residential customers connected to a low-voltage grid in Southeastern Bulgaria in force since 01.07.2019.

According to the KEVR's Decision, the final VAT rates for household customers in Southeast Bulgaria are as follows: 

The Energy and Water Regulatory Commission will hold an open gas price meeting for the third quarter.

At the request of Bulgargaz, the price may fall slightly - by about 1%. This will affect suppliers and customers connected to the gas network.

By the end of June, KEVR should also announce the price of electricity and heating. However, an increase is expected for them.

Maya Manolova has requested information from the Energy and Water Regulatory Commission under the Law on Access to Public Information (APIA) regarding the forthcoming increase in electricity prices as of July 1st, 2019.

The new electricity and heating prices from July 1 will be discussed today by the Energy and Water Regulatory Commission.

Last week the regulator predicted an average electricity price increase of 3.5 per cent and 4.5% for heating and hot water.

This became clear from a published report by the Energy and Water Regulatory Commission (KEVR), quoted by NOVA TV.

A jump in the price of electricity by an average of 3.48% is proposed by the Commission for Energy and Water Regulation.

The accounts show that the electricity price for subscribers in Southeastern Bulgaria could be the most expensive - 3.59 per cent.

Employers' organizations have demanded the resignation of the management of the National Electricity Company (NEC) because of the recent surge in electricity prices for businesses, reports BNT. 

This amalgamation of factors has put great pressure on the 35 per cent of the electricity mix of Romania that relies on hydrocarbons - coal plus gas.

Against the backdrop of the cost problems facing Romanian coal production, the risk of a tumultuous and disordered energy transition is increasing.

An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ's proposal to increase the cost of electricity. The opinion expressed to Darik the energy expert and member of the strategic council to President Elenko Bozhkov.
 

The Energy and Water Regulatory Commission will not allow a drastic increase in electricity, assured the head of the regulator Ivan Ivanov. He predicts that the 1 July increase will be within inflation - about 3.6%.

Yesterday, energy companies have requested an increase ranging from 2% for the day to over 50% of the night.