Bulgaria, Government approved changes to the support program for compensating non- household electricity consumers

, SEE Energy News

Bulgarian Council of Ministers approved changes to the support program for compensating non- household electricity consumers, which was initially approved on 26 October.

The changes are aimed to facilitate the implementation of the program and the effective protection of all non-household electricity consumers buying from the free market at a time when electricity prices are high.

The revisions allow the Minister of Energy to write down in the standard agreements with the suppliers various dates for submitting requests, for obtaining necessary information from the Electricity System Security Fund and for reimbursing the electricity suppliers for the compensation provided to non-household consumers. This is necessary because different suppliers have different conditions and deadlines for providing invoices to their customers.

The changes to the support program also make it possible for compensation invoices issued before the signing of the Energy Ministry’s agreement with the respective supplier to be included in the compensation. Where such invoices are concerned, the supplier is required to notify the client about the compensation due to him, which will be provided by reducing subsequent payments owed by the client.

The Government also approved the design of the standard agreement to be used when compensating businesses for rising electricity prices. By the same decision, the Council of Ministers tasked the Minister of Energy with signing such agreements with electricity traders, last-instance suppliers, producers selling directly to non-household consumers and the operator of the organized electricity exchange. The payments under the agreements will be effected after receiving the green light from the European Commission.

Such agreements are necessary for the practical implementation of the Government-approved support program for businesses, which stipulates that all non-household consumers will be compensated with 56.3 euros for every MWh of electricity used. The measure should be effective over a period of two months, in October and November. Consumers will receive the first compensations when they get their electricity bills for October, which are payable in November.