RAE cost-related clause rules for electricity supplier bills imminent

A RAE (Regulatory Authority for Energy) plan detailing cost-related clauses electricity suppliers will be permitted to include in their electricity bills is expected to be finalized within the next few days, possibly by the end of this week.

The energy authority is expected to deliver clause guidelines following months of public consultation on the matter.

Electricity suppliers will need to adjust to these new guidelines as part of an effort being made by authorities to improve the price-comparing ability of  supplier offers for electricity consumers.

Independent suppliers have warned the new RAE guidelines could once again stifle competition in the country’s retail electricity market by limiting pricing-policy leeway for suppliers and consumer choices.