Power Distributor EVN Seeks 17.9% Price Hike in Southeastern Bulgaria

Power Distributor EVN Seeks 17.9% Price Hike in Southeastern Bulgaria

Power distributor EVN has submitted a tariff update request with Bulgaria’s State Commission for Energy and Water Regulation (DKEVR), seeking a 17.9% price increase as of October 1, 2014.
The power distributor, which services customers in Southeastern Bulgaria, has informed that 7.2% of the proceeds from the power price hike will go straight to the National Electric Company (NEK) and the EVN companies will receive 10.7% of the total.
The power distributor has explained the price hike with the need to improve service.
 
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