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Energy suppliers' association rejects claims through which suppliers are being accused of unfair practices

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The Romanian Power Suppliers Association (AFEER) firmly rejects claims circulated in public space through which suppliers are being accused of unfair practices and says that many problems occurred because of delays and uncertainties in the legislation.

"Suppliers are not thieves! Everywhere, but especially in Europe, energy prices (electricity, thermal, natural gas, fuel) have exploded, the causes being multiple: increase in demand, drop in supply, unprecedented increasing prices of carbon certificates, various geopolitical disputes, etc. Also in Romania, a member country of the European Union and the Energy Union, energy market prices have increased a lot," according to a press release sent by AFEER to AGERPRES on Tuesday.

The association's representatives say that the upward trend of prices noticed in the forward markets was announced by AFEER ever since last summer, and these increases are overlapping over the decreased purchase power of Romanians and their small incomes. Furthermore, this impressive price increase affects the economy, where strong energy-intensive companies still exist.

"Although the reasons that lead to the increase in prices in the energy market have no connection with the activity of suppliers, we notice that suppliers are being labeled as solely responsible for the Romanian people's high bills. Energy suppliers are just as strongly affected by these price increases, as well as the final consumers. The proof in this respect is represented by the high number of insolvencies and cash-flow problems that they have," the chairman of AFEER, Laurentiu Urluescu, said.

"Regarding over-taxing suppliers' profits, a proposal launched now in the public space, we consider that such an over-tax will do nothing but increase the cash-flow problems of suppliers and hasten their collapse, without bringing any sort of benefit to the final consumer," the AFEER chairman added.

The Romanian Power Suppliers Association (AFEER), founded in 2006, currently has 34 members, suppliers and licensed and active traders in the electricity and / or natural gas market, which ensures the supply of electricity to both individuals (households) as well as SMEs and consumers from all categories of economic operators in Romania, with a market share of approximately 90% of the final consumption of electricity and 65% of the final consumption of natural gas.

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