Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

PM Denkov: We will not allow electricity prices to go up after the liberalization

PM Nikolay Denkov
Photo: gov.bg

The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.

“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rain over Western Bulgaria, sun over the Black Sea coast

On Tuesday minimum temperatures will range between 15 and 21° C., for Sofia 15° C. During the day there will be sun, with clouds forming over Western and Central Bulgaria. There will be brief showers in many parts, with heavy rain and thunder mostly..

published on 8/4/25 6:35 PM
Egyptian vulture (for illustration purposes)

Egyptian vulture poisoned near Krumovgrad

A dead Egyptian vulture was found near the village of Hrastovo in Krumovgrad municipality , the press center of the Regional Directorate of the Ministry of Internal Affairs in Kardzhali announced. Samples were taken from the bird, which is a protected..

published on 8/4/25 6:20 PM

From vacations to AI - another month of decline in job openings in Bulgaria

Job offers in all sectors of the Bulgarian economy are decreasing in July, according to the analysis of a leading online job posting platform in the country. According to the data from the monthly analysis, a decrease of 12%, or over 5,000 jobs, was..

published on 8/4/25 5:58 PM