Bulgarian Constitutional Court to Revoke 20% Fee on Solar, Wind Power

Bulgarian Constitutional Court to Revoke 20% Fee on Solar, Wind Power

Bulgaria's Constitutional Court (KS) is expected to revoke the 20% fee on the revenues of photovoltaic plants and wind farms.
The fee was introduced by Parliament in the beginning of 2014.
According to preliminary reports of Capital daily, based on sources close to the matter, the reporting judge on the case, Dimitar Tokushev, and the majority of judges at KS back the cancellation of the provisions.
The changes to the Renewable Energy Sources Act were introduced as part of the final provisions of the 2014 State Budget Act.
The 20% fee on revenues of photovoltaic plants and wind farms is transferred on a quarterly basis but the authorities have failed to approve a mechanism for spending the receipts from this fee.
According to Bulgaria's State Commission for Energy and Water Regulation (DKEVR), the fee generated receipts of 36 million levs by end-March.
 
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