(DF) Natural Gas Price Down 1.8% for Q1, Electricity, Heat Prices Not to Change

January 1 (BTA) – Bulgaria’s Energy and Water Regulatory Commission (EWRC) said it has approved an almost 2 per cent cut of the natural gas price for the first quarter of 2020 compared to the last quarter of 2019. The selling price, applicable to end providers of natural gas and to persons licensed for heat production and transmission, is set at 44.04 leva/MWh, down 0.81 leva/MWh or 1.81 per cent, quarter on quarter. The price includes the cost to the delivery destination and compensation for the public obligation surcharge and excludes the cost of access, transmission, excise duty and VAT. The EWRC’s decision is prompted by a quarterly price approval application submitted by Bulgargaz EAD. The natural gas price for the first quarter of 2020 will leave unchanged the price of heat until the end of the heating season and the price of electricity for household and business customers on the regulated market. LN/LG