Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Energy supplier...

Romania: Energy supplier Enel fined with 10.4 million euros

The Romanian National Consumer Protection Authority (ANPC) decided to fine energy supplier Enel with 1% of its turnover, or around 10.4 million euros, for billing customers’ energy consumption at a higher price than that established by law. This is the largest fine for an energy supplier in Romania. 

ANPC established that the monthly billing for electricity consumption starting from February 2023 does not comply with the current legislation. It was done at a final price of electricity of more than 0.16 euros/kWh, VAT included, in cases where monthly consumption fell between 93 kWh and 100 kWh. The correct price should be a maximum of 0.14 euros/kWh. 

The monthly billing of energy consumption at other levels similarly does not comply with current legislation. The billing method has been used in the invoices for electricity consumption starting from 1 January 2023, and is still in effect. Up to 44,000 Romanian residential consumers have been directly affected by the faulty calculation of bills carried out by the economic operator from the beginning of the year until the present. 

ANPC states that considering the aggravating circumstances discovered during the control action and the fact that the economic operator has taken no steps in favor of the consumers, the company Enel Energie must be penalized in accordance with the law.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Weekly energy market update: Brent, TTF gas and COâ‚‚ futures trends

Brent oil futures for the Front Month on the ICE market reached their weekly maximum settlement price of $63.37/bbl on Monday, November 24. Following a 1.4% drop on Tuesday, November 25, prices fell to the weekly minimum of $62.48/bbl,...

Europe: Electricity prices stable in late November amid mixed renewable output and demand fluctuations

During the fourth week of November, electricity prices in most major European markets remained relatively stable compared to the previous week, with the highest daily values occurring at the beginning of the week. In many markets, the weekly average...

Europe: Southern demand rises while northern markets see declines in late November

During the week of November 24, electricity demand showed a contrasting pattern across major European markets, increasing in southern regions while declining in northern ones. Specifically, demand in Italy, Spain, and Portugal rose by 5.3%, 4.3%, and 4.0%, respectively....
Supported byVirtu Energy
error: Content is protected !!