The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
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It is unacceptable to present the continuation of the war in Ukraine and the impossible victory over Russia as the only possible solution, President Rumen Radev told journalists in Yambol . According to him, every day of the war is disastrous and it..
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The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is..
63% of Bulgarians over the age of 18 say democracy is the best form of governance, 19% hold the opposite view, indicates a survey by Trend agency,..
On Friday minimum temperatures in the country will range from 6° to 11° C., for Sofia 8° C. In the morning there will be fog in the Western part of..
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