Sulík: 300,000 customers will not be affected by the failure of the energy company – Energetika – PRAVDA.sk

An involuntary change of electricity or gas supplier awaits more than 300,000 customers. Slovakia Energy, the largest alternative energy seller for households, announced on Thursday that it is ending due to a sharp rise in prices.

According to the Minister of Economy Richard Sulík, the state SPP is ready to accept new customers after the decommissioned company Slovakia Energy.

“We assure all customers that although similar departures of alternative suppliers as in the case of Slovakia Energy can still happen, because it is currently happening in other countries, these people will not lose electricity or gas supplies,” said Secretary of Economy Karol on Friday. Galek (SaS), with other suppliers still available, to which they can switch automatically in such a case.

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The company itself also informed the customers that they could terminate the contract and, without any breach of the current contracts, switch to the supplier of their choice. Alternatively, in the period of three months from the termination of Slovakia Energy’s activities, the so-called supplier of last resort will take care of them – this right arises for each of them by law. “Slovakia Energy is practically going bankrupt, but the state-owned SPP will save this situation because it is a so-called supplier of last resort. He will also be able to give new customers reasonable prices, “said Minister of Economy Richard Sulík.

Last year, Slovakia Energy was the fourth largest supplier on the gas market, with a market share of about six percent. SPP has the most customers, more than 60 percent, followed by innogs and ZSE Energia. The company was also one of the largest alternative suppliers of electricity. The three dominant ones traditionally include Západoslovenská energetika, Stredoslovenská energetika and Východoslovenská energetika.

“Apart from the situation on the markets, the state regulation of pricing also led the supplier to terminate business on our market,” said PR manager of Bohemia Energy Hana Novotná.

“When Slovakia Energy started operating on the Slovak market in 2008, we expected the regulation to end. However, it is 2021 and the end of this regulation is still in sight. Under the circumstances, it does not make sense for us to invest in the further development of the company, and therefore we decided to take this challenging step and return the license, “said the manager of Slovakia Energy Jiří Pisařík. Slovakia Energy belongs to the energy group Bohemia Energy, which recently announced a significant increase in prices in the Czech Republic. The commercial part of the electricity price will double since November to 4,144 Czech crowns (163 euros) per megawatt-hour, and the total price after the inclusion of distribution rates will increase by 49 percent to 6,256 crowns (247 euros). Czech electricity prices are less regulated than in Slovakia, where the increase must be approved by the regulator and can only be valid from January. For neighbors, the supplier may, if he has a contract, change prices during the year.