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The 9% increase in the price of electricity could not be avoided

Liberalization should not be postponed - it is a mechanism through which the implicit allocation of funds will fall

Dec 23, 2024 09:18 88

The 9% increase in the price of electricity could not be avoided  - 1

The planned increase in the price of electricity for households in our country for the new year will be about 9%, it became clear from a statement by the Energy Regulatory Commission. The higher bills are due to the higher consumption in the country since the beginning of the cold months. The final decision on exactly how much the price will increase will be made on January 1.

"The increase will happen sooner or later. The difference between the estimated and market prices and the quantities that correspond to them is so large that large losses are already accumulating. Companies are starting to weaken, and if they cannot cover their costs, inter-company indebtedness is accumulating. Unnecessary tension has been created on the regulated market. The growth in the price of electricity was held back in order to keep it lower. The value in 2022 increased by an average of about 30-40%, and since then - by no more than 10%. That is why people are switching from central heating to air conditioners, said the chairman of the Energy Management Institute Kaloyan Staykov on the air of "Hello, Bulgaria" on Nova TV.

According to Viktor Minchev from the "Free Energy Market" Association, the market energy system is not flexible. "We cannot react to changes on a global scale, and that is why every six months we ask ourselves why we are raising the price of electricity again. And the reasons are unreformed production, inefficient management and failure to introduce new technologies. Liberalization should not be postponed - it is a mechanism through which the implicit allocation of funds can fall. There are undisclosed subsidies in the energy sector that pass through NEK and go to "Maritsite". "That's why the way the money circulates goes through a KEVR table that determines who gets how much money. This results in unclear movements of funds," he commented.