Home » News » KEVR approved higher electricity prices from July 1 – Society – Bulgaria – NOVA News

KEVR approved higher electricity prices from July 1 – Society – Bulgaria – NOVA News

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See how much the growth will be

The Commission for Energy and Water Regulation adopted a decision approving prices in the “Electricity” sector for the new regulatory period 1.07.2022 – 30.06.2023. From July 1, the price of electricity for household consumers will increase by 3.4%.

For the customers of “Electrohold Sales” /CHEZ/ the change in the final price is by 2.70%, for “EVN Bulgaria Electric Supply” – by 3.47%, for the customers of “ENERGO-PRO Sales” – by 4.45%. These prices include both the price of electricity and the prices of network services.

In order to minimize the increase for household consumers, KEVR has taken three measures: it removes the component of obligations to society, increases the quota of the Kozloduy NPP from 20% to 30% for the new price period 2022/2023, as well as removes the premiums for a significant part of RES producers, redirecting the freed financial resource to lower prices for household customers.

KEVR specifies that electricity prices for domestic consumers in Bulgaria remain the lowest in all of Europe. “This protects Bulgarian households from the shock increase as a result of the war in Ukraine, in which the price of electricity in the domestic sector rose by 45% in the rest of the continent,” assures the regulator.

The decision was taken after a previously held open meeting and public discussion with the participation of the interested parties – the ombudsman, BFIEK, BCPP, Free Energy Market Association, civil organizations and associations. In the final decision, all the proposals made during the discussion were taken into account, KEVR added.

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