Electricity pricing

CITUB leader Plamen Dimitrov predicts double-digit growth in the percentage of heating bills this winter in an interview with Nova News.

"In terms of the price of electricity, households will be protected, but in terms of gas, they will not be. Probably the heating bills will increase by a double-digit percentage," Dimitrov said.

The government is preparing a package of urgent economic measures due to inflation and the jump in electricity and petrol prices.

This was stated by the caretaker Prime Minister Stefan Yanev during his visit to Veliko Tarnovo. He specified that the measures will be announced by the end of this week or by the beginning of next.

The world is in a state of "gas war", sharp rises in industrial electricity prices are expected, and the situation will not improve soon.

This was said by the energy expert Vasko Nachev in tv interview on Bloomberg TV Bulgaria.

A series of measures will be drawn up in the short, medium and long term to help parry the record high electricity prices that businesses pay on the open market, assured at a briefing at the Ministry of Energ head of the department Andrey Zhivkov.

Ljubljana – Gas and electricity prices are likely to increase due to supply constraints and huge demand. Some countries have already taken action to bring down prices, Slovenia could follow suit, business daily Finance argues in Monday’s commentary.

The Energy Ministry and other government departments will prepare measures in support of businesses that have been put in a tight corner by the high electricity prices in recent months. This transpired after a meeting of Energy Minister Andrei Zhivkov with businesses representatives Friday.

The mechanism for compensating household energy bills announced by the government covers almost all electricity consumers nationwide and over half of the natural gas consumers, the vice-president of the National Regulatory Authority in the Energy Area (ANRE), Zoltan Nagy-Bege, said on Wednesday.

Employers are starting a phasing out of production facilities, as of 00.00 am on August 4, 2021 and remain on alert. This is stated in a declaration of the Association of Bulgarian Employers' Organizations (AOBR).

Prices of heating and hot water are going up as of July 1, between 4% and 23% for the various district heating companies. For Sofia, the increase is by 20%, the Energy and Water Regulatory Commission (EWRC) said.

The increase in the prices of electricity for households is on average by 4.4%.

If we compare the data of 2020 and 2019, we can see that electricity generation has fallen by almost 8%, which is a record for the last 10 years. Consumption also decreased by about 2.5%, but the export-import balance, which decreased by 41%, according to ESO data makes the strongest impression, energy expert Pavlin Pavlov told 3e news.net.