Bulgaria’s Energy and Water Regulatory Commission (EWRC) will
officially rule on the electricity prices for the next regulatory
period, which starts as of August 1, at a sitting on Friday, July 31.
There is no legal ground to postpone the decision making on the
electricity price for the new regulatory period again. This is what
Chairperson of the Energy and Water Regulatory Commission (EWRC) Ivan
Ivanov said speaking with journalists after the open sitting of the
commission over the request of the business to postpone the price
decision until the problems in Bulgaria’s energy sector are solved.
"This is due to the supplement to the Energy Act, which was published
in Issue 48 of the State Gazette this year. It says that the price
regulation period, which ends up on June 30, may be extended with one
month only,” he explained.
"On July 31 we will announce our decision on the electricity prices for
the new regulatory period, which starts on August 1,” Mr Ivanov
explained.
Asked whether it was possible for the current electricity prices to
remain unchanged, Mr Ivanov said that new prices would be set.
"There have been certain changes over the past months because certain
actions were taken and on July 31 when we announce our price decision we
will also announce details about the changes and the effects they
brought,” Ivan Ivanov said further.
(hbcbg.com)
