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Pricing of the Electricity Market for Household Customers in Bulgaria

Author

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  • Nevena Petrova

    (University of Economics - Varna)

Abstract

This article aims to discuss electricity in the context of its pricing for household customers both in the regulated and the free markets. In the course of the theoretical review it is concluded that the mechanisms used in the pricing of the electricity market for household customers correspond to the law and that the electricity price should be as determined by the market, but at this stage the lack of maturity of the electricity market does not allow it to operate solely by market principles, which requires systemic regulation either through specialized legislation or through the intervention of a regulatory authority.

Suggested Citation

  • Nevena Petrova, 2019. "Pricing of the Electricity Market for Household Customers in Bulgaria," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 8(1), pages 18-26, April.
  • Handle: RePEc:vra:journl:v:8:y:2019:i:1:p:18-26
    DOI: 10.36997/IJUSV-ESS/2019.8.1.18
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    More about this item

    Keywords

    electricity; electricity market; pricing;
    All these keywords.

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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