Bulgaria Cuts Electricity Prices as of Aug 1

 The Bulgarian energy regulator said it decided to cut electricity prices for households as of August 1, as the tariff for customers of the three power distributing companies operating in the country will vary.

Customers of Czech energy group CEZ Razpredelenie will buy electricity at a price of 0.15085 levs ($0.10/0.08 euro) per kilowatt-hours (kWh) during the day and 0.09458 levs under night-time tariff, data published on the website of the State Energy and Water Regulatory Commission (SEWRC) showed.

Austrian utility EVN’s clients will pay 0.15469 levs/kWh during the day and 0.09643 levs/kWh during the night.

Customers of Czech utility Energo-pro will buy electricity for 0.16102 levs/kWh during the daytime and 0.09853 levs/kWh between 2200 and 0600 local time.

EVN Bulgaria, part of Austrian energy group EVN, operates in southern Bulgaria. CEZ Razpredelenie Bulgaria operates in the region of Sofia, western and northern Bulgaria. Energo-Pro's units operate in the northeastern part of the country.

At the end of June the Bulgarian parliament adopted amendments to the energy bill, aiming to improve the efficiency and transparency in the regulatory framework in relation to energy prices and costs of energy companies. The changes also included removing of surcharges for green and brown energy in order to facilitate electricity exports.