ERM West expresses its categorical disagreement with Article 4 of the adopted Law on the Provision of Financial Support to Household End Customers of Electricity. Such a discriminatory clause contradicts the Constitution of the Republic of Bulgaria, as well as European Union law.
The competent authorities are continuing their investigations into the causes of the events that occurred at the end of 2024. There are no conclusions from them yet.
At the same time, ERM West is already paying compensation to all affected persons who have filed a claim on the basis of Art. 58 of the General Conditions for Use of the Electricity Distribution Network. To date, all those who have submitted bank statements have received compensation.
The adopted text of the law obliges electricity distribution companies to pay several times, including to persons who were not affected or have no claims for compensation, which is unfair and constitutes a disproportionate sanctioning of the companies.
The law sets a precedent for inadmissible state intervention and contradicts the principles of the rule of law. It transfers the social functions and expenses of the state to the business, thereby endangering its financial stability.
ERM Zapad will take all legal measures to protect its interests and those of its clients.
Corporate Communications and Marketing
Electrohold Bulgaria
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