Suppliers object to RAE key proposals for power bill terms

The country’s electricity suppliers, across the board, appear to disagree with basic proposals forwarded by RAE, the Regulatory Authority for Energy, in public consultation concerning the  reshaping of electricity bill clause rules.

Suppliers disagree with a RAE proposal calling for the elimination of a penalty clause linked to premature exits by customers from floating tariff agreements. The suppliers also object to the authority’s proposal for the cancellation of a fixed surcharge.

In addition, the suppliers question the effectiveness of upper and lower limits, as protective measures for consumers, in floating tariff agreements.

These objections are expected to be submitted by the suppliers to the public consultation process along with alternative measures.