02/28/11 17:54
(http://www.klassa.bg/)

NEK demands a 5% hike of electricity as of July 2011, CEZ and E. ON call for a 13% and a 15% price increase, respectively


Georgi Velev


CEZ, the company owner of the power grid in Western Bulgaria, proposed yesterday a price increase of electricity of 13.12% on average as of July and E. ON, the owner of the electricity grid in Northeastern Bulgaria, called for a 14% price hike. The two companies justified their demand by their intentions to invest more in the power grid in order to improve the quality of the service and plans to purchase energy utilities. CEZ projects to invest BGN 152 mln in the power grid and, for this purpose, wants to raise the price for access to its power grid by 110.59% to BGN 0.01173/kWh. The company also insists on raising the transmission price by 16% for businesses and by 30% for household consumers. If this proposal is accepted, daytime electricity for households will cost BGN 0.169/kWh, VAT excluded, and BGN 0.118/kWh, VAT excluded, at night.

E. ON proposes a price increase of more than 40% for access and transmission of energy via its power grid, it became clear from an announcement of the company. E. ON also demanded a 27.27% price hike of the night tariff for households and the daytime tariff to remain unchanged. The new prices will increase the electricity bills of households by less than BGN 0.02/kWh.

The National Electric Company (NEK) also demanded a price hike of electricity as of July but of 5.09%. The increase will be due to inflation and the increased share of renewable energy capacities incorporated in the power grid. “Electricity prices will not rise by 13-14% as of July,” Angel Semerdjiev, Chairman of the State Energy and Water Regulatory Commission (SEWRC) assured yesterday, speaking to BNR. He explained that, in the worst case, the price of the service will go up by 5%.
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