New products from power supply companies after turning to fixed invoices

As consumers who choose fixed ‘blue’ invoices power To avoid the “ups and downs” of prices during the year they are approaching – if they have not exceeded – one million, suppliers are preparing new products in that category.

Among them are contracts with fixed invoices of less than 12 months, which were abolished a few months ago but are now coming back.

New products combine stability in charges but with variations and variations combined with the “profile” of individual consumer groups. In practice, as a large supply company executive in the RES, those invoices are not linked to clauses (eg wholesale or other price) should fall into the category of fixed invoices.

A picture of the new products planned by suppliers is derived from the consultation of the Waste, Energy and Water Regulatory Authority for the supervision of electricity supply.

Indicative:

  • PPC raises the issue of fixed invoices to consumers with telemetry (ie smart meters), noting that peak / non -peak hours must be shaped by the supplier in agreement with the customer and not by the state. This way there will be different charges per hour of the day which will be fixed during the contract. For example, the price may be 10 cents per kilowatt-hour from 8-9 am, reduced to 7 cents from 2-3 pm and go up to 15 cents at 6-7 pm

As PPC states: “According to the consultation under consultation, the price may be included in the context of the fixed price, which is linked exclusively to peak/peak/off-peak, as” they are determined by the body responsible for this “. We note in this regard that as defined in the provisions of the relevant Ministerial Decision, suppliers are granted the right, with the incorporation of providing the register of telemetry benefits to formulate, according to Certified Metric Data provided by HEDNO, new bi -zonal or multi -residential tariffs. Therefore, in this case, it should be clear, on the basis of the framework, that it is responsible for determining peak/non -peak hours, it is the supplier in agreement with the customer.

  • The Energy Energy restores the issue of fixed invoices shorter of the year, which were recently abolished, noting that:

The offer of less than 12 months is not excluded from the new EU/2024/1711 Directive. “Specifically for fixed programs, he adds, it does not derive that solid programs are only the programs with a minimum duration of twelve months, but only the obligation of the suppliers to provide at least one fixed program with a minimum duration of twelve months. The duration of twelve months comes from the practice of most European countries, according to which the minimum duration of the programs is actually 12 months. However, this does not necessarily imply (i) the prohibition on the designation of programs that last less than 12 months as a constant nor (ii) the prohibition on bidding for floating and dynamic programs less than 12 months. The Greek energy market exhibits special features, such as a shallow time -limit with small liquidity market, which results in it being easier for suppliers being negotiating in the wholesale market products of less than 12 months. “

  • Elini raises a number of issues such as: Allow fixed invoices that require a constant price per level of consumption (which may increase or decrease depending on this level eg 15EURO/100KWH or even combine a fixed supply price after that level of consumption), a fixed price per day of reference month (eg 2eiro). Also, allow fixed programs for a fixed charge and also a price difference per semester (eg price for the first semester and second price for the second semester of the annual contract). “In conclusion, we believe that it is not appropriate for the suppliers’ commercial policy to be limited to the disposal of products at a fixed charge and a fixed commission charge, on the contrary, an incentive should be given to the development of various types of fixed invoices,” the company said.

The range of new products will also depend on the result of the regulatory authority discussions with the suppliers in the following consultation on the market supervision framework and the grades of freedom that will exist.

The official consultation on the basis of the Authority’s proposals was completed by the submission of significant objections from the market (both by individual businesses and by the Hellenic Association of Energy Suppliers) on the rigor of the framework proposed by the Authority and the restrictions that – according to suppliers – are available. However, discussions between the Authority and the suppliers continue.

Source: RES-EIA

Source link

Leave a Comment