Romania: Free market supply contracts deadline extended

, SEE Energy News

Initially, residential consumers had until 1 February to choose an offer on the competitive market. First, the deadline was pushed to 31 March and now it is extended until 30 June.

The National Energy Regulatory Authority (ANRE) has further extended until the period in which residential consumers who were previously supplied on the regulated market can choose an offer in the competitive market from their supplier until 30 June 2021.

After full market liberalization which came into force on 1 January, these consumers automatically switch to the new universal service offer of their existing electricity supplier. ANRE also said that if they choose the offer on the free market by 30 June, their bills will be offset retroactively, so the chosen offer would be valid from 1 January.

ANRE claims that, of the approximately 5,700,000 residential customers in Romania that were supplied on the regulated market at the end of 2020, only a small part was interested in choosing an offer on the competitive electricity market, and those who expressed interest in this regard were faced with difficulties both in the analysis of market offers and in contacting potential suppliers.