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Heating, hot water fees to increase in Bulgaria from July 1

Wed, Jun 02 2010 10:47 CET

byDnevnik.bg

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Heating, hot water fees to increase in Bulgaria from July 1

Photo: Maria Subotinova

Heating and hot water prices in Bulgaria will increase by at least 10-15 per cent from July 1 2010, while electricity tariffs might remain unchanged but only at the expense of power distributors, according to energy watchdog chairman Angel Semerdjiev.

The possible hike in heating bills by about 15 per cent does not include the increase in gas prices, which should be approved by the State Energy and Water Regulatory Commission (SEWRC) by July 1.

This means that the increase in heating prices will be much steeper.

At the same time, the regulator is trying to fend off a high power hike from July 1 after it estimated in a report that bills should increase by between five and seven per cent for end-users.

Semerdjiev said that power distributors had accumulated "reserves" that could enable the SEWRC to retain electricity prices. He said that the regulator is expecting the results from the audit being carried out on the distributors.

ESO, the electricity system operator of Bulgaria’s state-run power utility NEK, cautioned that a drastic hike in electricity prices could jeopardise Bulgaria’s energy security.

On the other hand, distributors - the Czech Republic’s CEZ, Germany’s E.ON and Austria’s EVN - protested that they would incur losses from SEWRC’s price rise proposal but would be devastated if prices are kept intact.

Source: Dnevnik.bg

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Comments

Anonymous 13 Thu, Jun 03 2010 07:46 CET
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The large corporate entities in BG are simply taking advantage of Bg's dis-organised society and apathetic mentality.

There is no real "people power" here. And with lack of Govt. oversight and corruption, this is the result.

Anonymous uh Wed, Jun 02 2010 22:04 CET
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prices of utilities are outrageous in bulgaria. Talk about monopolies and taking advantage of the poor. What a joke...

Anonymous Cosmos Wed, Jun 02 2010 21:00 CET
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I hope all the energy costs rise perhaps people will not waste it.

Look after the planet.

Anonymous 13 Wed, Jun 02 2010 20:39 CET
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Petrol prices go up almost weekly....!!!

Anonymous Dianne Hatton Wed, Jun 02 2010 18:59 CET
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Welcome to the EU. This means gas , electric and water prices have all risen slowly to around 60% since joining the EU. To pay for what ? Gas and electric prices have in fact dropped. Then, it must be to pay for mismanaged utility companies !!!!!


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