Price-adjustment clauses included in electricity bills by suppliers are expected to be limited to the System Marginal Price (SMP), or the wholesale price, in an upcoming related decision by RAE, the Regulatory Authority for Energy, anticipated by the end of January, possibly within the next few days.
The energy authority, reliable sources informed, is revising clause-related rules following the completion of public consultation on the matter.
A growing number of households and businesses have lodged complaints after seeing their electricity bill costs pushed higher by clauses included by suppliers as protection against narrowing profit margins.
RAE staged a public consultation procedure over many months for feedback from disgruntled consumers. Many complaints were focused on a lack of transparency regarding the activation of clauses by suppliers.
Consumers are hoping the new RAE rules will simplify price comparisons of offers made by electricity suppliers.