European energy regulators on end-user price regulation

ERGEG position paper (12 pages, PDF) on end-used price regulation for electricity and gas supplies.

The paper states that:

End-user price regulation in electricity and gas markets distorts the functioning of the market and jeopardises both security of supply and the efforts to fight climate change. Therefore end-user price regulation should be abolished, or where appropriate, brought into line with market conditions.

The word subsidiarity does not appear in the document. The regulators appear to take the view that only matters relating to the protection of vulnerable customers are within the area of authority of national governments.

The document is dated 18 July 2007 but was PDFd and published on 1 August 2007.

For further information or advice please contact Franck Latrémolière.

Filed under Electricity, ERGEG.

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