The renewable energy surcharge, which is said to be a major reason for the 13% electricity price spike from July 1, is "unjustifiably high", according to Nikola Gazdov, Chair of the Bulgarian Photovoltaic Association (BPA).
In a Thursday statement, he cautioned about a discrepancy of around BGN 70 M between the calculations of the BPA and the State Commission for Energy and Water Regulation (DKEVR) regarding the sum which the National Electric Company (NEK) was to pay for electricity generated by photovoltaic plants, Novinite.com reports.