The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.6% increase in the wholesale price of natural gas for July 2025. The new price stands at approximately 33 euros per megawatt-hour (MWh), excluding VAT and excise duties. This follows a 0.1% decrease in the wholesale gas price approved for June.
According to KEVR, the price calculation fully accounts for the volume of Azeri gas imported through the long-term Bulgaria–Greece interconnector (IGB) agreement with Azerbaijan. These supplies represent a substantial share of Bulgaria’s domestic gas consumption and are key to maintaining competitive market prices.
To further enhance supply diversity, Bulgargaz has secured liquefied natural gas (LNG) for July through trader contracts awarded via a competitive tender. The tender included provisions for a minimum delivery price and customized payment terms.
In addition to gas pricing, KEVR has approved a weighted average electricity tariff increase of 2.58% for Bulgarian households. The new rates will apply from July 1, 2025, until June 30, 2026. Under the revised tariff structure, Electrohold customers will face a 1.82% increase, EVN users 3.6%, and Energo-Pro clients 2.52%, while subscribers of ESP Golden Sands will see a 1.94% reduction. These rates incorporate fees for both high- and low-voltage network access.
The initial projection of a 4.62% electricity price hike was lowered after regulators restored supplier profit margins to previous-year levels and adjusted for updated distribution and market data. KEVR highlighted that the final increase reflects inflation trends and rising household incomes, while also supporting the transition to a fully liberalized electricity market. No further price adjustments are expected on January 1, 2026, unless unexpected changes occur.
Heating prices are also set to rise. District heating providers submitted a range of requests, with Toplofikatsia Sofia’s customers facing a 5.96% increase, EVN Bulgaria Toplofikatsia 5.18%, Toplofikatsia Pleven 4%, and Toplofikatsia Burgas 4.99%. Veolia Energy Varna’s rates remain nearly unchanged with a 1% increase. Other regional providers will see hikes between 3% and 5.37%. On average, heating prices will rise by 4.54%, but they will still remain about 5% lower than levels recorded in 2022 and 2023. This moderation reflects a strong regulatory intervention, as initial proposals included an average increase of 32%, with some providers—like Veliko Tarnovo—requesting up to 93%.
