Industrial Electricity Prices in Bulgaria Are 20-30% Higher than in Greece

Electricity prices for the industry in Bulgaria are 20-30% higher than in Greece, which imports electricity from Bulgaria, according to Konstantin Stamenov from the Bulgarian Federation of Industrial Energy Consumers (BFIEC).

Speaking at a public discussion on a proposal to increase electricity prices as of October 1, he condemned the practice of shifting the burden stemming from attempts to offset tariffs for household consumers onto the business sector.

Stamenov, as cited by investor.bg, opposed the increase in the so-called “obligation to society” component, stressing that the measure would not solve the problems in the renewable energy sector but would have a negative impact on the business sector.

He condemned attempts for piecemeal solutions and called for the publication of comprehensive measures addressing the problems in the sector.