Svetla Todorova

The Chair of the State Commission for Energy and Water Regulation (DKEVR) Svetla Todorova announced that an increase in the price of electricity was unavoidable during the year.

Todorova assured that the anticipated hike will not happen in April, but she specified neither a concrete date nor the amount by which the price will increase, daily Dnevnik reports.

The sale of shares from companies of the Bulgarian Energy Holding (BEH) is foreseen in the medium term.

This is still at the stage of conception, as becomes clear from a document of the Energy Ministry, investor.bg reports.

The idea for listing part of the shares of the state energy companies at the stock exchange emerged in 2009, but later faded.

Svetla Todorova, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has assured that the Energy Ministry is doing its best to adopt short-term measures aimed at preventing an increase in power rates in April.

Todorova, as cited by the Bulgarian Telegraph Agency, informed Thursday that the measures were to be adopted by end-March.

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) does not plan to approve a new power price increase from January 1, 2015, according to DKEVR Chair Svetla Todorova.

There is a lack of competitors in energy trade on the liberalized energy market, the Bulgarian energy watchdog DKEVR warned Tuesday.

Trade to household consumers is where the biggest insufficiency has been registered, the website Dariknews quoted the regulator's chair Svetla Todorova as saying at a DKEVR meeting.

Svetla Todorova, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has suggested that power rates should not increase further as of January 1.

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A final decision is expected Tuesday at the state energy regulator DKEVR about the price hike in electricity to be enforced on October 1.

The increase is likely to be of 10 percent, according to preliminary estimates and also to numerous statements recently made by DKEVR officials.

Svetla Todorova, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has suggested that a 10% power price hike as of October 1 is the socially tolerable limit.

Bulgaria's National Electricity Company (NEK) expects additional BGN 1 B deficit for the current regulation period, said the company's Ventsislav Markov at a session of the energy watchdog DKEVR.

An increase in gas prices from October 1 is to dominate the energy regulator DKEVR's agenda on Tuesday.

The watchdog's session comes as state-owned gas company Bulgargaz has demanded a 1.6-percent hike.