Power for businesses on the Bulgarian exchange will cost 6.58% less on 3 November than it does today, data from the Bulgarian Independent Energy Exchange (IBEX) shows after trading closed.

On the day-ahead market, where power for delivery the next day is bought today, the average price is €296.65 per megawatt hour, excluding VAT. In yesterday's trading, the price for today averaged €317.56. A total of 94,090.28 megawatt hours was sold.

In peak hours, from 09:00 to 20:00, a megawatt hour will cost €328.17 on average. Off peak, from 01:00 to 08:00 and from 21:00 to 24:00, the average price will be €265.14.

On the intraday market, a megawatt hour has so far traded at an average of €339.76 in 60-minute products and €326.21 in 15-minute products. The prices are weighted averages and exclude VAT.