Electricity

GEN-I cuts Slovenian power prices 15% for three months amid pandemic

GEN-I cuts Slovenian power prices 15% for three months amid pandemic

Photo: Christian Oehlenberg from Pixabay

Published

March 27, 2020

Country

Comments

comments icon

0

Share

Published:

March 27, 2020

Country:

Comments:

comments icon

0

Share

Energy trader and supplier GEN-I lowered its electricity tariffs for low voltage in Slovenia, adding to the government’s support measures due to the coronavirus pandemic.

Households and small businesses buying power from GEN-I doo are getting a 15% discount in the company’s home market. Slovenian customers in the category will be paying almost 30% less on average for three months when the state’s measures are included. GEN-I stressed its own and the corporate sector’s social responsibility with regard to the COVID-19 pandemic.

The government has earlier suspended the surcharge for the support to the production from renewable energy sources and high-efficiency generation and cut the network charge.

The company, which trades and supplies electricity, said its decision applies for the actual use and the flat rate set out in the single-rate, peak-rate and off-peak-rate tariffs. The excise tax and the contributions for the functioning of the market operator and energy efficiency remain unchanged, the statement adds.

GEN-I stressed its own and the corporate sector’s social responsibility with regard to the COVID-19 pandemic

The bills in the low voltage category will be lower at least until the period through May, according to the update. GEN-I is also active in the gas sector.

Numerous households and small businesses find themselves facing hardship, the utility’s Management Board President Robert Golob said and noted it is the first supplier to lower prices. “In such moments, it is our desire to contribute to the easing of that hardship. We hope that our example will be followed by other companies with the ability to help today, not just those from the energy sector. Now is not the time to generate profits and pursue our own interests; it is a time for solidary,” he emphasized.

Separately, GEN-I vowed to ensure the continuity of operations amid the pandemic and added it established a monitoring team before the health crisis. It revealed 95% of employees perform their tasks at home while that the rest is in two separate groups.

Golob: 95% of employees perform their tasks at home while that the rest is in two separate groups

Other power transmission and production companies in the country have also reacted to the coronavirus outbreak with emergency measures.

Of note, Golob has reaffirmed the company’s commitment to helping achieve a carbonless society and to the “digitization of everything.”

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

eu smart meters acer list slovenia croatia

Slovenia tops EU list for most smart power meters, Croatia among laggards

25 July 2025 - At the top of the list of European Union member states with the highest number of smart meters are the Scandinavian countries and Italy

serbia wind farm plandiste nis met dubravka djedovic

Government of Serbia interested in taking over Plandište wind project

25 July 2025 - Plandište is one of the projects that obtained feed-in tariffs under the first quota of 500 MW for wind power plants in Serbia

Project 81 MW solar park on coal mine in Montenegro

Project underway for 81 MW solar park on coal mine in Montenegro

24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja

croatia rp global novalja solar ebrd loan

RP Global gets EUR 12.2 million loan for Novalja solar project

24 July 2025 - In late April, Austrian company RP Global began the construction of the Novalja PV plant at the Zaglava site on the island of Pag