Residents of Sofia could soon see a notable rise in their water bills as “Sofiiska voda,” the capital’s water supply company, has proposed a 20% increase in water prices.
The Commission for Energy and Water Regulation (KEVR) is currently reviewing the proposal, with a final decision expected on September 30. If approved, the new pricing will take effect on October 1.
Under the proposed hike, the cost of water supply in Sofia will rise to 3.52 leva per cubic meter, inclusive of VAT.
Despite the increase, regulatory authorities assure that water in the Bulgarian capital will remain affordable, pointing out that the new rate is still significantly below what is considered the “socially acceptable price” for the region.
Business Plan Behind the Price Hike
The proposal to raise water prices is part of a broader business plan submitted by “Sofiiska voda,” which outlines the company’s strategies for maintaining and improving water and sanitation services over the coming years.
The document, which directly influences pricing decisions, is currently being assessed by the regulator to ensure it aligns with both economic and social considerations.
While the proposed 3.52 leva per cubic meter represents a significant jump for consumers, KEVR emphasizes that it is still nearly three times lower than the threshold considered unaffordable for Sofia’s residents.
The regulator asserts that this decision was made with a focus on keeping water services accessible to the public, while also balancing the need for sustainable infrastructure investments.
Balancing Affordability with Infrastructure Needs
“Sofiiska voda” has stressed the importance of the price increase, citing the need to invest in maintaining the capital’s aging water infrastructure.
The company argues that without a rise in prices, it will be difficult to fund essential upgrades and repairs to the system, which are necessary to ensure a reliable and safe water supply for Sofia’s growing population.
The water utility has pointed out that the increase is part of a long-term strategy aimed at reducing water losses, modernizing treatment plants, and expanding sanitation coverage. Such investments are crucial for meeting both European Union standards and the evolving demands of the city’s residents.
Public Reaction and Concerns
The proposed water price increase has sparked concern among many residents, particularly those on lower incomes.
While KEVR assures that the new rate will remain below the socially acceptable price level, some citizens fear that even a modest rise could place an additional burden on households already grappling with rising costs in other areas, such as energy and food.
Consumer advocacy groups have urged KEVR to carefully consider the potential impact on vulnerable populations and to explore alternative solutions, such as offering subsidies or social assistance programs to offset the cost increase for low-income families.
Final Decision Awaited
KEVR’s final decision on the proposed increase is set to be announced on September 30. If approved, the new prices will come into effect on October 1, marking a significant shift in the cost of water for Sofia’s residents.
In the meantime, public hearings and consultations are expected to continue, giving stakeholders an opportunity to voice their opinions and concerns before the regulator’s final ruling.
As the city braces for this potential change, many are hopeful that a balance can be struck between affordability and the need for critical infrastructure investments.