It is possible that the price of electricity will not increase at all after the moratorium falls. This was predicted by the new chairman of the EWRC Stanislav Todorov in the program “120 minutes” on BTV.
The main reason for the request to increase the price of electricity was the deficit in the electricity distribution companies, accumulated as a result of the increase in the price of electricity on the stock exchange, but the government adopted a compensatory mechanism for business in this regard, Todorov said.
This decision of the government was taken in order not to “pump inflation”. The Cabinet can continue this policy if it wishes and has enough profits from the power plants to cover these compensations, the EWRC chairman noted.
The work of the EWRC within its powers is to verify the price structure and the justification of the costs included in the pricing. This will be done within two weeks, so that consumers can be convinced that when the new price is accepted, it is the fair price they have to pay, “Todorov said.
On the issue of the price of heating, Todorov noted that it is formed by two components – the price of natural gas on world markets, on which some district heating companies depend, and how district heating companies are managed.
As an example, the head of the EWRC gave Toplofikacia Sofia, which he said should be profitable given its network and clientele, but is one of Bulgargaz’s biggest debtors.
According to Todorov, the free market best regulates prices, but how high the price of electricity is is relative, given that it is currently one of the lowest in Europe, but we do not feel it because of our low purchasing power.