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The Energy and Water Regulatory Commission has confirmed the final prices from 1 July of electricity, heating and energy produced by high-efficiency combined heat pumps.

News • Nikolay Chavdarov •
The Energy and Water Regulatory Commission has confirmed the final prices from 1 July of electricity, heating and energy produced by high-efficiency combined heat pumps.

The Energy and Water Regulatory Commission announced its price decisions in the  "Electricity " and "Thermalenergy" sectors, which will come into force on 1 July 2019 for the next one-year price period. The decisions were announced by the Chairman of the Regulator Assoc. Prof. Ivan Ivanov at a briefing after the closing of the closed session of the regulator. In accordance with the established legal procedure, the regulator held open sessions and public debates on reports and draft decisions before the final decision was adopted. Pricing applications of the companies, work group reports and draft decisions were published in advance on the website of the Commission website. For the sake of maximum visibility and transparency, the sessions were broadcast online on the website of the regulator. 

A final decision was adopted by the commission in the sector "Electricity" for the new regulatory period from 1.07.2019 to 30.06.2020. From the 1st of July, 2019, the price for CEZ users increased by 2.90%, for EVN customers - by 2.97% and for ENERGO-PRO - by 2.80%. After taking into consideration all pricing elements and applying the pricing methodology, the final prices for households on a regulated market increased by a weighted average of 2.90%, including electricity prices and network tariffs. "The prices fixed by the Commission are based on clear economic logic. In its decisions, the energy regulator is guided by four basic principles - transparency, decision-making, lawfulness and justice, "said Ivan Ivanov, chairman of The Energy and Water Regulatory Commission, at the briefing said. He stressed that in his pricing decisions the regulator strictly applies a conservative approach to avoiding sudden changes and takes into account both the capacities of consumers and the need for sustainable development of companies in the energy and gas sectors.

The decisions of the Energy and Water Regulatory Commission in the sectors "Electricity" and  "Thermalenergy " you could find out here.