Romanian Economy Ministry Drafts New Electricity Law
Romanian energy service providers will pay fines worth up to 10% of turnover if found with abusive practices against the end consumer, under a draft law developed by the Economy Ministry.
The provisions are included in a draft law on electricity, aimed at transposing European norms into national legislation.
Violations mentioned in the law include the performance of services without authorization, the violation of energy regulations or legal obligations, unjustified refusal to allow access to public interest grids, discrimination, unfair competition and the unjustified cease of power supply.
Fines may refer to individuals as well as companies. Individuals face fines between 2,500 and 20,000 lei (EUR570-4,600), while for companies the fines start at RON20,000 and can reach RON1 million or 1%-10% of the annual turnover.
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