The liberalisation of electricity prices for households has been postponed indefinitely. Even after 1 July, the Energy and Water Regulatory Commission (EWRC) will continue to set the price, as MPs approved amendments to the Energy Act in the second reading, BNR correspondent Violeta Ashikova reported.
The main change is that electricity distribution companies will now purchase electricity on a market basis through the stock exchange. In the event of high prices, they will be compensated through the Electricity System Security Fund.
The decision was passed with votes from GERB-SDS, DPS-New Beginning, BSP-United Left and There Is Such a People.
Some opposition members described the new model as 'non-working' and 'stillborn'.
Edited by Miglena Ivanova
Published and translated by E. Radkova
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