Natural gas prices will rise by more than 25% in April, the Energy and Water Regulatory Commission (EWRC) decided. The main reason is the increase in supply prices on international markets. Due to another increase in the price of gas, the price of heating and hot water will increase, but from May.
EWRC waited until the last minute before announcing the changes to monitor gas prices on the international market. The announced price increase is half-lower than the initially announced by Bulgargaz 58% and 12% more than what the EWRC announced. The reason for the change is the sharp jump in international markets.
The increase in the price of natural gas is expected to affect the prices of heating and electricity. While for electricity the change is expected in July, for heating it will most likely happen in May.