Bulgaria: PM Rumen Radev says no electricity or central heating price rise this season

Bulgaria: PM Rumen Radev says no electricity or central heating price rise this season
Photo: Bulgaristan Radyosu

Bulgarian Prime Minister Rumen Radev announced at the start of a Council of Ministers meeting that electricity and central heating prices will not rise this season. He said Bulgaria is entering the heating season and that household electricity and heating prices are vital for every Bulgarian citizen.

Radev welcomed the intention, announced by the Energy and Water Regulation Commission the previous day, that household heating and electricity prices will remain unchanged until 1 July 2027, meaning the coming season, despite a sharp rise in natural gas prices on international exchanges.

According to BNR correspondent Nataliya Ganchovska, the Energy and Water Regulation Commission (KEVR) and Bulgargaz will look for ways to reduce the natural gas price increase planned for November. The previous day, Bulgargaz requested raising the natural gas price from 44 euros to 59 euros per megawatt-hour. The KEVR chair said that given the significant rise in the Dutch exchange gas price, the price in Bulgaria will also increase, but not by the 34 percent increase requested.

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This story was automatically summarised and translated from Bulgaristan Radyosu. All rights to the story belong to its source.

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