The board at RAAEY, the Regulatory Authority for Waste, Energy and Water, is today expected to approve guidelines prepared by the authority for new green tariffs set to be introduced by electricity suppliers as of January 1.

The greenlit guidelines are expected to be forwarded to the country’s electricity suppliers tomorrow, while a manual informing consumers of the electricity market’s tariff changes should also be out tomorrow.

RAAEY staged a teleconference last week to inform electricity suppliers of the new tariffs to succeed emergency measures implemented during the energy crisis and ending December 31. Suppliers raised a number of questions during the session on the new electricity deal options for consumers.

The new green tariffs being introduced at the start of the new year will be implemented automatically, for all consumers, unless they formally object and choose either variable or fixed tariffs, dubbed yellow and blue tariffs, respectively.

Questions raised by suppliers during the informative session organized by RAAEY included whether two types of green tariffs would eventually be permitted; discount policy queries; and announcement dates.

From the outset, RAAEY plans to closely monitor how the new green tariffs are implemented by suppliers. The authority’s guidelines to be forwarded to suppliers tomorrow will be comprehensive, it has been noted, leaving no leeway for misinterpretation.

The guidelines will also include a decision on whether green tariff discounts announced following a December 1 deadline will be permitted. Some electricity suppliers missed this deadline but have indicated they intend to offer green tariff discounts by December 31, on the eve of the tariff transition.