The country’s entire spectrum of electricity suppliers, from power utility PPC, vertically integrated energy groups, to independent suppliers, have all denounced electricity-bill restriction proposals made by RAE, the Regulatory Authority for Energy, which wants to offer consumers greater clarity and price-comparing ability, rejecting the proposed measures as outdated and inconsistent with European standards.
Electricity suppliers across the board contend the proposals, which offer less leeway in the shaping of offers, would stifle competition and ultimately increase tariffs for consumers.
In recent months, suppliers have been forced to activate electricity bill clauses as they have battled to cope with the impact of sharply increased natural gas prices in international markets as well as higher carbon emission right costs, all of which has led to elevated costs for consumers.
Supplier representatives, in comments to energypress, noted that RAE should have already taken other forms of action to protect consumers, pointing out systematic checks for misinformation practices, false advertising and unfair commercial policies.
The authority has proposed a 30 percent limit on clause-related increases and decreases; the termination of fixed costs, noting that, unlike tariffs, directly comparable, fixed costs tend to cause consumer confusion as they can run for one-month or four-month periods; the termination of an early-withdrawal clause, to stimulate greater consumer mobility; as well as electricity supply price inspections every three months, the objective being to counter temporary below-cost offers extended by some suppliers to lure customers.