Bulgaria proposes 6pct power price cut after protests

The regulator said it would consult with the public over the cuts and decide on the new tariffs on March 5.

Bulgaria proposes 6pct power price cut after protests

World Bulletin / News Desk

Bulgaria's energy regulator proposed an average 6.4 percent cut in household electricity prices on Friday, less than the eight-percent cut promised by Prime Minister Boiko Borisov who resigned last week after mass protests over high utility bills.

The regulator proposed a 7.3 percent price cut for customers of Austria's EVN, a 6.7 percent cut for customers of Czech CEZ and 5.3 percent cut for those of Czech Energo-Pro.

The regulator said it would consult with the public over the cuts and decide on the new tariffs on March 5.

Last Mod: 01 Mart 2013, 16:25
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