Last week, the National Assembly adopted at first reading a bill amending and supplementing the Energy Act. The proposed amendments to the legislation are related to the process of full liberalization of the Bulgarian electricity market.
The bill proposes as of 01 October 2020 the final suppliers no longer to supply non-household consumers connected to the low-voltage electricity distribution network in the relevant licensing territory, when these consumers are not supplied by another supplier.
It is provided that this step towards full liberalization will affect 300,000 consumers with an annual consumption of 4,500,000 MWh. Thus, only about 10,000,000 MWh for household consumers on the regulated market will remain subject to regulation.
For household consumers, the price regulatory period will remain unchanged. For non-household consumers who are about to enter the free market, it is proposed the EWRC to approve prices, which will be in force from 1 July 2020 to 30 September 2020.
Within 15 days after the promulgation of the bill in the State Gazette, the final suppliers should send a notification for termination of the electricity supply to the non-household consumers from 1 October 2020.