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According to a press release, the first phase of the energy reform ended last year, during which the population that consumed more than 5,000 kWh per year chose an independent electricity supplier. The results show a large participation of the population: contracts with independent suppliers have already reached 97%. first-stage users.
After a year, the number of independent providers has increased; In total, home users can choose from seven providers. Currently, private electricity consumers in Lithuania receive services and can offer them offers from Birštono elektra, EGTO Energija, Elektrum Lietuva, Enefit, Ignitis, Perlas Energija and Vilniaus elektra.
Following the successful implementation of the reform, a number of independent, monopoly-free providers are emerging on the market. They compete with each other for the customer, take care of the quality of the product and the service. The biggest benefit to the end user is the ability to choose the service provider, ESO believes. After selecting a provider, the consumer will be able to change it if they so choose.
When choosing a supplier, it is not necessary to lay new electrical cables or change the meter, the consumer buys only the service that will be provided by the suppliers of the competing market. And the infrastructure that guarantees the reliable and uninterrupted operation of the electrical network, as before, will be in charge of the company Energijos Skirstymo Operatorius (ESO).
You can choose the provider you want now
It is important for electricity consumers to know that anyone who wants to choose a new supplier can already choose, both those who are in the second and third stages of choosing electricity suppliers this year. Users can do this without waiting for the vendor’s deadline and bids after the planned data opening.
You can contact an independent provider without waiting for the data and offers to open. It is recommended to choose the most suitable company after evaluating the proposed conditions. Choosing a provider is really simple: after signing the contract, the independent provider will take care of the subsequent processes.
Consideration is being given to accelerating liberalization
The stages of market liberalization are defined on the basis of legislation that defines how and when consumers choose an independent provider. Consumers can choose within the prescribed period and can remain in the public supply only until the legal deadline.
In the first phase of the project, the electricity supplier was chosen by the consumers who consume the most electricity per year. The second, which began on January 1 of this year. – consuming more than 1000 kWh (83 kWh and more per month) and to the third, as of January 1, 2022. – all other users.
Consideration is currently being given to accelerating liberalization by merging the remaining stages, opening the contact details of the second and third stages to independent providers at the same time. The number of users in the second and third stages is much higher than in the first. The second stage includes around 760 thousand. or about half of all electricity consumers in Lithuania. According to the latest data, at this stage, the provider has already been chosen by more than 100 thousand. homes. At that time, when the second and third phases are combined, this number increases to around 1.5 million. consumers.
Why is this change happening?
The rejection of the services of the public provider is a decision of the State to systematically abolish the monopoly conditions of the public supply in the market for the supply of electricity to domestic consumers. With the entry into force of these changes, Lithuania will join the majority of the European Union countries, whose residents will be able to choose the most suitable electricity supplier for them.
By abandoning the monopoly services of the public provider, the conditions are created for active electricity providers to operate without monopoly restrictions. Only openly competitive companies can offer the best value for money.
The competitive electricity supply market also offers other useful solutions for the country’s population: new services, more diverse plans, more favorable rates, smart solutions, etc. As supply companies compete, consumers will be better served and will be able to choose from a variety of additional services offered.
Not choosing a supplier on time: guarantee supply
For those who have not chosen an independent electricity supplier, the energy supply will not be interrupted: consumers will receive a guaranteed supply service, which will be taken care of by ESO. It is not a continuous supply of electricity and therefore the guaranteed supply is a more expensive service compared to the price that an electricity consumer would pay when choosing an independent electricity supplier.
This price will be recalculated monthly, taking into account the average price on the stock market of the previous month and applying a coefficient of 1.25. In addition, ESO will have to pay for network services: electricity transmission and related services. The guaranteed supply is provided as a temporary supply of electricity for 6 months. period to be able to choose a provider.
Therefore, residents are encouraged to take advantage of the electricity market based on offers from electricity providers and the opportunity to choose. You can get acquainted with licensed companies offering to buy electricity for Lithuanian residents on the selectitetiekeja.lt website. Here, all residents will find the most important information about the possibility of choosing a supplier and the main steps to abandon the monopoly conditions of public supply in Lithuania.
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