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Bulgarian Businesses Grapple with 12% Surge in Electricity Prices

Electricity costs for Bulgarian businesses soared by approximately 12% as Monday’s trading on the Independent Bulgarian Energy Exchange (IBEX) closed, setting the stage for a steeper bill on Tuesday, January 9. The trading data from the Day-Ahead market segment revealed an average price of BGN 212.87/MWh (exclusive of VAT), marking a sharp increase from Sunday’s average of BGN 190….