Monday, March 25th, 2019

Bulgarian budget committee proposes new green energy fee

Bulgaria’s budget commission has proposed imposing a 20 percent fee on revenue from wind and solar power installations next year to help it finance incentives for the sector while trying to keep electricity costs down. In a surprise move late on Wednesday, the committee included the proposal from the nationalist Attack party to levy the fee on wind and solar energy producers quarterly as part of the 2014 budget law, which is pending final approval in the chamber. There was no public debate, and the head of parliament’s energy commission from the ruling Socialist party said he would urge his party to vote against it when it reaches parliament. Renewable energy producers said the move was discriminatory and in breach of Bulgarian and European legislation because it was included at the last minute in a law that was not linked to renewable energy.

Speak Your Mind

Questions or comments? We'd love to hear from you!