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12.12.2017 14:53
Future Energy’s clients choose a new supplier until 30 April
An explicit amendment to the Rules for Trading Electric Power solves the issue with the supplier removed from the market

  • © EWRC

The Energy and Water Regulatory Commission (EWRC) has made an explicit amendment to the Rules for Trading with Electric Power (RTEP) in order to solve the issue with Future Energy’s clients after the supplier, by its own request, was removed from the electricity market on 2 December, EWRC Chairman, Assoc. Prof. Ivan Ivanov told reporters.
In his words, the explicit provision was set out in the previous RTEP versions. According to that provision, Future Energy’s clients have until the end of December to choose a new electricity supplier. If they fail to switch their supplier within that time, in order not to be supplied by the suppliers of last resort, automatically as of 1 January 2018, they will start to receive electric power from the public suppliers – CEZ, EVN and ENERGO-PRO depending on which part of the country they are in. This would applicable for household customers and businesses on low voltage, but not for enterprises on medium voltage.
The current RTEP provision is temporary and is applicable only to Future Energy’s clients, Ivanov said. It will be applicable until the end of April 2018. This means that Future Energy’s clients have 4 months to find a new suppliers as well as conduct the respective procedures under the Public Procurement Act, if they are required to do so, Ivanov explained.
Along with that the EWRC is seeking a sustainable solution to such cases and in early next year it would suggest an amendment to the RTEP, which would address such situations.
We would like to remind that according to the current RTEP the deadline for switching a suppliers in until the 10th of the previous month and the Electric System Operator (ESO) extended that until 15 December.
Future Energy was suspended from the electric power market on 2 December after a day earlier it submitted a request for that in ESO. The company has around 5 000 clients. It requested from ESO an immediate removal from the market due to inability to provide sufficient quantities of energy to its customers, termination of contracts with key suppliers and accumulation of huge imbalances in the balancing group.

TAGS: Energy and Water Regulatory Commission | EWRC | Ivan Ivanov | electric power | Rules for Trading with Electric Power | RTEP | Future Energy | choice | new supplier 

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