🇧🇬 Electricity spot price in Bulgaria today – April 20, 2024

Electricity spot prices in Bulgaria today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Bulgaria

Right now the price of electricity in Bulgaria is   0.068 €/kWh -22,5 %

Highest electricity price today is 0.103 €/kWh at 20-21 Lowest electricity price today is 0.010 €/kWh at 14-15 On average the electricity price today is ~0.054 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.41 € in Bulgaria

Lowest price today: 0.62 € Highest price today: 0.06 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.51 € in Bulgaria

Lowest price today: 0.77 € Highest price today: 0.07 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
1.31 € in Bulgaria

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
0.01 € in Bulgaria

Lowest price today: 0.01 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.07 € in Bulgaria

Lowest price today: 0.11 € Highest price today: 0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
3.05 € in Bulgaria

Lowest price today: 4.61 € Highest price today: 0.43 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Understanding Bulgaria's electricity market

Primary sources of energy in Bulgaria

Bulgaria's energy landscape is diverse, with a significant portion of its electricity generated from coal. This fossil fuel has traditionally been a cornerstone in the country's energy mix, due to abundant local reserves.

Energy sources in Bulgaria

However, there has been a gradual shift towards renewable energy sources. Notably, hydroelectric power and wind energy are becoming increasingly prominent in Bulgaria's energy portfolio.

Nuclear energy's role

Nuclear power is another major contributor to Bulgaria's electricity supply. The Kozloduy Nuclear Power Plant, operational since the 1970s, is a key facility in this regard.

Its output significantly reduces the country's reliance on imported energy sources, providing a stable and substantial amount of Bulgaria's electricity needs.

Renewable energy expansion

Recent years have seen a surge in Bulgaria's investment in renewable energy. Solar power, in particular, has witnessed significant growth, with numerous solar parks being developed across the country.

This shift is in line with global trends and Bulgaria's commitment to reducing carbon emissions and embracing sustainable energy practices.

Integration into the EU electricity market

Bulgaria is an active participant in the European Union's electricity market. This integration allows for cross-border electricity trading and enhances energy security and diversity.

The interconnectedness with neighboring countries ensures a more efficient and reliable electricity supply, benefiting both Bulgaria and the wider European community.

Energy trade with neighboring countries

Bulgaria's strategic geographical location enables it to trade electricity with neighboring countries. This includes both import and export of electricity, depending on domestic demand and production capacity.

Such trade relations are vital for maintaining energy balance and stability, not just for Bulgaria but also for its neighboring nations.

Regulatory framework and market liberalization

The Bulgarian electricity market is regulated by national laws and policies, which align with European Union directives and regulations.

Efforts have been made to liberalize the market, allowing for greater competition and private sector involvement, which is expected to lead to more competitive pricing and improved service quality.

Future prospects

Looking forward, Bulgaria is poised to continue its journey towards a more diversified and sustainable energy mix. Emphasis on renewable sources is expected to grow, in alignment with global environmental goals.

Simultaneously, efforts to further integrate into the European electricity market will likely strengthen, enhancing regional collaboration and energy security.


Energy saving tips

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Bulgaria you can save 0.20 € for each shower.

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Bulgaria it is 4.19 € cheaper to charge at the hours with the lowest price.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Sat, 20 Apr 2024 06:13

Data source is ENTSO-E