Electricity

Croatian households to be able to buy electricity from all EU countries

Croatian households to be granted right to buy electricity from all EU countries

Photo: jplenio from Pixabay

Published

April 9, 2021

Country

Comments

comments icon

0

Share

Published:

April 9, 2021

Country:

Comments:

comments icon

0

Share

The planned changes in the Electricity Market Act will make it possible for Croatia’s citizens to buy electricity from any European Union member country. The move will increase competition as state-owned utility Hrvatska Elektroprivreda (HEP) controls 90% of the market.

The new law on the electricity market will create conditions for further liberalization, as the process has been hampered by the market dominance of HEP. Therefore, a good part of the changes that the Ministry of Economy and Sustainable Development prepared make it easier for consumers to choose and change suppliers.

Customers will be able to change suppliers within 24 hours for the next five years

The right to purchase electricity from any supplier in the European Union is part of the freedoms guaranteed to citizens by the Treaty on the Functioning of the European Union.

It also means all suppliers can deliver energy to all end-customers, allowing HEP to sell electricity more easily throughout the EU, Večernji list reported.

The draft law stipulates that the consumer can change suppliers within 24 hours for the next five years, and that suppliers are obliged to provide a free tool to compare offers and choose the most favorable one.

Bills must include data that will make it easier for customers to compare different supply offers

In addition to consumption and cost data, electricity bills should include information that helps consumers to compare existing contracts with other offers from suppliers. The new law will highlight smart meters as the basis for enabling the service. Lawmakers said in the amendments that they remove unnecessary obstacles for entering the market, exiting and operating.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Electrica green bonds start building two large PV plants

Electrica to issue green bonds, start building two large PV plants

14 November 2024 - Electrica's shareholders voted to raise up to EUR 500 million through green bonds, take a EUR 623 million loan and begin building two solar power plants

Serbia adopts new regulations for second round of RES auctions

Serbia adopts new regulations for second round of RES auctions

14 November 2024 - The Government of Serbia completed the regulatory framework for the second round of auctions for wind and solar power projects

Masdar Albania KESH deal renewables joint venture

Masdar, Albania’s KESH ink deal on renewables joint venture

14 November 2024 - Masdar and state-owned power utility KESH are exploring the development of gigawatt-scale green energy projects in Albania

serbia law on energy changes

Government of Serbia adopts changes to Law on Energy

13 November 2024 - The Government of Serbia adopted the changes to the Law on Energy and sent them to the National Assembly for a vote