Electricity for business will cost 14.58% less on Saturday, 7 November, than it does today, data from the Bulgarian Independent Energy Exchange (IBEX) shows after the close of trading.
The day-ahead market sells power for the following day. Deals made today are for delivery tomorrow, at an average price of €259.49 per megawatt hour, excluding VAT. Today's price, set at yesterday's close, is €303.78.
Peak power, from 09:00 to 20:00, will trade at an average of €260.36 per megawatt hour. Off-peak power, from 01:00 to 08:00 and from 21:00 to 24:00, will cost €258.62. The deals cover 85,066.53 megawatt hours in total.
On the intraday market, 60-minute products are so far trading at a weighted average of €297.06 per megawatt hour, excluding VAT. For 15-minute products, the day's price is €304.83.