Starting with 1 January 2018, Romania’s electricity market will be fully liberalised. This move comes as a result of a long price deregulation process, which began back in 2007: the price deregulation for non-household consumers was completed on 1 January 2014, and the price deregulation for household consumers was made in stages, with the final stage ending on 31 December 2017. The liberalisation aims to create a competitive, transparent and non-discriminatory mechanism for the sale of electricity in Romania.
After 1 January 2018, the Romanian Regulatory Authority for Energy (“ANRE”) will no longer approve the regulated tariffs, which are currently included in the price of electricity. After full liberalisation, household consumption will be invoiced at tariffs /prices for the universal service endorsed by ANRE. In addition, household consumers will continue to have the option to conclude electricity supply contracts with any active supplier on the electricity market or to change their electricity supplier within 21 days of the date of the request.
Considering the abrupt increase of the electricity sold on the free market over the past months, the full market liberalisation is expected to further benefit household consumers and increase the competition level between electricity suppliers.