The Energy and Water Regulatory Commission is ready to introduce block rate tariffs for electricity, heating and water. As a result, consumption below a certain threshold will be charged at a lower rate, whereas consumption above these thresholds will be charged at higher rates. Thus, we will be able to better address energy poverty. However, we need the approval of the country’s National Assembly to adopt such a measure, the Chairman of the energy watchdog Stanislav Todorov said for the BNR.
"There will be clarity about prices when another long-term contract for the supply of natural gas is signed. It is very expensive to buy on the month-ahead and day-ahead market", Stanislav Todorov said. Europe is experiencing the biggest energy crisis in 40 years. However, household consumers in Bulgaria pay the lowest prices, Stanislav Todorov went on to say.
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago –..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in..
Cloudy
Overcast, rain
Mostly Cloudy
Partly cloudy, chance of rain