As of March 30, 2009, DKER, the Bulgarian regulator set the feed in tariffs at the above levels. The cool thing is that the tariff is a 25 year contract, which is a huge deal. Only Switzerland and (formerly) Spain have such an agreement in place. The tariff is expected to decrease in March 2010 to 95% of the above figures.
It is unclear whether there is a market cap in place, or if there is some sort of invisible ceiling in place that prevents too many investors from swarming the market. But with rates like that, Bulgaria looks like a good bet on the surface. Market conditions, like permission applications and other regulatory mechanisms are also great questions to ask, but sadly the answer was not readily available for comment.

I give Bulgaria a thumbs up. You Win!
Bulgaria   25 Year Feed in Tariff
<=5kWp 0.823 BGN Leva  
>5kWp 0.755 BGN Leva  
Bulgaria's Feed In Tariff Comment:
Click the money bags below to get today's conversion rates in EUR from www.xe.com I don't link to dollar conversions because it is currently too unstable.
Support this site so that we may continue supporting you