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Feed-in Tariffs For Renewable Energy in Bulgaria!

The new Feed-in Tariffs for Renewable Energy in Bulgaria are to be decreased with between 5-7% for the next period, Bulgarian State Energy and Water Regulatory Commission (SEWRC) representative says. The SEWRC is to announce its final decision last week of March and prices will be in force as from April 2010. The reduction of the price reflects the processes in other countries where the price for electricity generated from renewable energy sources decreased throughout the years and with the approach of targets for individual countries. The reduction in the price however will not have a negative impact to foreign investors as the interest in investing in res projects is still in it`s peak.

From other sources we have information that the Wind Energy Feed-In Tariff will remain unchanged  and the Solar Tariff will experience serious decrease of about 30% and from 0.386 euro/kWh will reach 0.286 euro/kWh.

Again this is only preliminary and unofficial information. The official feed-in tariff will be announced on the 31st or March 2010.

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