Romania’s energy regulator lowers electricity retail price for most households from July

Sorin Melenciuc 22/05/2018 | 15:42

The maximum retail price for household consumers who didn’t switch electricity suppliers will decrease by 3.5 percent from July 1, according to a decision of the Romanian energy regulator (ANRE) released on Tuesday.

The new price regulation refers to electricity suppliers of last resort: Enel, Electrica, CEZ şi E.On, the former regional monopolies in electricity distribution before price liberalization.

“Following the completion of the deregulation calendar, starting with January 1 of this year, electricity supply is no longer at prices approved by ANRE,” the energy regulator said.

Official data show that, at the end of 2017, the number of households that were supplied under competitive market conditions was 1.015 million, while the number of households supplied under the universal service regime was 7.67 million.

A recent BR analysis showed that Romania’s households are beginning to benefit from the liberalization of the energy market, as competition between rival suppliers reduces the prices of the electricity.

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