RAE warns power suppliers to correct billing details

RAE, the Regulatory Authority for Energy, has warned all suppliers to present their pricing policies in accordance with a new model introduced in August, energypress sources have informed.

The authority has asked suppliers to correct their presentation of competitive charges, be punctual with their monthly announcement of latest charges, by the 20th of every month, as required by the new model, and to withdraw any retroactive discounts being used.

RAE’s demand for a correction of competitive charge presentations was prompted after monitoring by the authority determined that a small number of suppliers were not presenting their details in accordance with the sector’s rules.