Bulgaria to Raise Power Prices for Households by Average 2% in H2'2015

Bulgaria to Raise Power Prices for Households by Average 2% in H2'2015

Bulgaria’s power prices for households are going to rise by 2% on average in the second half of the year under a decision approved by the country’s energy regulator, KEVR, on Monday.
KEVR Chairman Ivanov told  BNT TV station that the biggest increase of just over 3% will be introduced for electricity consumers in northeastern Bulgaria. Energo-Pro is the power distributor operating in that region.
The households in the country’s western regions supplied by CEZ Bulgaria will be faced with a price hike of 1.53%.
Prices are set to rise least, by just over 1%, in southwestern Bulgaria where EVN Bulgaria is the regional power distributor.
The increases are much lower than those requested by each of the three companies. 
The price hike for industrial consumers, however, will be much higher due to the planned 22% jump in the Public Solidarity component of the price, which industrial consumers pay for the electricity they buy on the free market, BNT said.
KEVR’s decision will be open to public discussion by the power distributors, trade unions, employers and civic organisations on Wednesday.
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