Capital published an article highlighting regulator`s plans to adopt a new methodology for setting electricity prices for Suppliers of last resort (SLR).
You can find the complete article at:
Below we publish an excerpt from it.
A new methodology for pricing the so-called Suppliers of last resort (SLR) is being considered by the Energy and Water Regulatory Commission (EWRC). Currently, electricity from SLR (these are companies of CEZ, EVN and “Energo-pro”) is supplied to companies that do not have a contract with an electricity supplier, and the price is usually 30-50% higher than the market price. It is expected that from July 1 the number of customers supplied by SLR will increase significantly, as the gratis period for companies to choose a new electricity supplier expires and those who haven’t done so till June 10 will be automatically transferred to SLR.
According to Plamen Mladenovski, director of the Electricity and heat directorate of the EWRC, the current methodology for pricing od SLR is outdated. Mladenovski is proposing the regulator to adopt a new one by July 1st. The new methodology will ensure that SLR prices remain the highest on the market, which is in line with the EU regulations.
Source: Capital