Energy markets weekly: Brent,...

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Romania: Majority of residential consumers don’t plan to change electricity supplier

About 64 % of residential consumers in Romania are not planning to change their electricity supplier, although the market was completely liberalized as of 1 January and some of the competitors are offering lower prices, according to a survey conducted by the Romanian Institute for Evaluation and Strategy (IRES).

25 % of the participants in the survey said that they will change their supplier and 11 % are still undecided. Among those who are sticking with their old supplier, the fear of change and lack of information are the main reasons for doing so.

Of the total participants, 51 % were in the regulated market, 37 % in the free market, and the remaining 12 % did not know which category they fell into or did not answer. Of those who entered the free market, 84% kept the same supplier.

 

 

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