Electricity prices - Bulgaria
This table/chart shows the IBEX spot exchange prices for the Bulgaria bidding zone in the Day-Ahead market, using local time (Europe/Sofia)Period | €/kWh |
---|---|
00:00 - 01:00 | 0.1099 |
01:00 - 02:00 | 0.1046 |
02:00 - 03:00 | 0.0952 |
03:00 - 04:00 | 0.0943 |
04:00 - 05:00 | 0.0964 |
05:00 - 06:00 | 0.0993 |
06:00 - 07:00 | 0.1168 |
07:00 - 08:00 | 0.1373 |
08:00 - 09:00 | 0.1285 |
09:00 - 10:00 | 0.1005 |
10:00 - 11:00 | 0.0818 |
11:00 - 12:00 | 0.0294 |
12:00 - 13:00 | 0.0153 |
13:00 - 14:00 | 0.0267 |
14:00 - 15:00 | 0.0370 |
15:00 - 16:00 | 0.0393 |
16:00 - 17:00 | 0.0496 |
17:00 - 18:00 | 0.0880 |
18:00 - 19:00 | 0.0930 |
19:00 - 20:00 | 0.1153 |
20:00 - 21:00 | 0.1758 |
21:00 - 22:00 | 0.3211 |
22:00 - 23:00 | 0.1578 |
23:00 - 00:00 | 0.1285 |
⚡ Bulgaria’s Energy Market Overview
Over the past few years, Bulgaria’s energy sector has been undergoing a quiet but significant transformation. From ramping up renewables to rethinking electricity pricing, here's a quick look at what’s changing — and what it means for homes and businesses.
🔌 What Powers Bulgaria Today?
Historically, Bulgaria has relied heavily on coal and nuclear power. Together, they’ve powered everything from apartment blocks in Sofia to factories in Plovdiv. But things are shifting fast:
- Coal is declining. In 2023, coal power generation dropped by nearly 50% due to high carbon prices and EU pressure.
- Nuclear remains strong. The Kozloduy plant still delivers a third of Bulgaria’s electricity.
- Renewables are rising. Solar, in particular, is booming. Over 1.2 GW of solar was added in 2023 alone.
☀️ Renewables: Bulgaria’s Green Future
By 2023, renewables supplied 22.6% of electricity consumption — up from just 19% the year before. The solar surge is leading the charge, with large-scale parks and rooftop installations popping up across the country.
Highlights:
- Solar capacity tripled since 2020.
- Government tenders and EU funding are driving growth.
- New rules now make it easier to connect solar projects to the grid.
Wind energy, though stable in capacity (~700 MW), hasn’t seen the same growth due to regulatory and land-use issues. Hydropower still plays a critical role in balancing the grid, especially during peak demand.
💸 How Are Electricity Prices Formed?
For households, prices are still regulated (until end-2025), meaning the Energy and Water Regulatory Commission (EWRC) sets the rate. For businesses, prices have been fully liberalized since 2020.
Here’s what makes up your electricity bill:
- Energy charge (regulated or market-based)
- Network fees (for transmission & distribution)
- VAT (20%)
- Other levies (currently near zero thanks to a government fund subsidizing renewables)
As of 2025, a typical household pays around 0.28 BGN/kWh (with VAT) for daytime usage — one of the lowest rates in the EU.
⏱️ Dynamic Tariffs: Flexibility Meets Savings
Dynamic pricing — where electricity costs vary by hour — is already here for businesses and coming soon to homes.
For households:
- Day/Night tariffs are widely available. Night electricity can be 40% cheaper than day rates.
- Fully dynamic (hourly) pricing will roll out after 2025, once smart meters are more widespread.
For businesses:
- Market-indexed contracts are common. These tie electricity prices to the hourly wholesale market (IBEX), offering lower costs if you shift usage to off-peak times.
- Popular plans from Energo-Pro and Electrohold let SMEs pay IBEX price + small markup.
Why go dynamic? Businesses can save big by aligning energy use with low-price hours — especially when renewables flood the grid with cheap electricity.
🔌 Who Offers Dynamic Plans?
The big three suppliers — Electrohold, EVN, and Energo-Pro — serve most of Bulgaria and all offer some form of dynamic pricing:
Supplier | For Households | For Businesses |
---|---|---|
Electrohold | Day/Night tariff (regulated); free-market option coming | IBEX price + markup (e.g. “Borsa+” plan) |
EVN | Day/Night tariff; free-market coming post-2025 | Indexed plans with hourly pricing via EVN Online |
Energo-Pro | Day/Night regulated; free-market launching soon | “Energy Comfort” plan: IBEX + 0.019 BGN + 2.5% |
Independent traders also offer dynamic contracts, but the big three have the widest reach and clearest offerings.
💡 What’s Next?
Bulgaria’s energy transition is just getting started. Expect more solar, smarter meters, and the rise of flexible electricity pricing. For consumers, the next two years will bring both challenges and opportunities — especially for those ready to optimize how and when they use electricity.
🔋 Want to save on your power bill? Consider switching to a day/night tariff — and keep an eye out for hourly pricing options as the market opens up.