Customer accounts under Ohm Energy and iSwitch will be transferred to SP Group from Oct 20 and Nov 12 respectively.For retailers ceasing their operations entirely, EMA said it will ensure a smooth transition for affected customers.
Affected customers will have the option to accept the transfer, or switch to another retailer of their choice, it added.Electricity retailer iSwitch to cease operations, accounts to be transferred to SP Group EMA said it is also “open” to allowing retailers to suspend their operations by transferring their customers to SP Group while they"strengthen their businesses and ease their customers’ transition with ex-gratia payments". An ex-gratia payment is one that is made voluntarily and not out of any legal obligation.
“There is also a curtailment of piped natural gas from West Natuna and low landing pressure of gas supplied from South Sumatra,” said EMA.Most Open Electricity Market consumers have been"cushioned" from the price volatility in the wholesale electricity market due to the fixed price plans, discount-off-regulated tariff or regulated tariff.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Ohm Energy becomes 2nd electricity retailer in 3 days to announce exit from ‘volatile market’
Källa: TODAYonline - 🏆 1. / 99 Läs mer »
Thai-Muslim Couple Open Rod Fai Night Market-Style Joint With Seafood Buckets From $12Sawap d krap. Gd luck.
Källa: TODAYonline - 🏆 1. / 99 Läs mer »
Coding platform GitLab valued at US$13.48 billion in strong market debut(Corrects Reuters Instrument Code in paragraph 1) GitLab Inc shares opened about 22per cent above their offer price in their Nasdaq debut on Thursday, giving the software development platform a market capitalization of US$13.48 billion.The company's stock opened at US$94.25, compared with
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »
About 90,000 households may face electricity bills over 20% higher as retailer iSwitch exits marketSINGAPORE — From Nov 12, Madam Mazidah Musa could find herself paying about 28 per cent more in electricity tariffs than she is paying now. And the EMA is not taking action to protect the these households? When the households exit early than the contract period…as consumers there is an early termination charge…but when it is the other way round, the authority doesn’t protect the people’s interest?
Källa: TODAYonline - 🏆 1. / 99 Läs mer »
Global factors behind higher price volatility in wholesale electricity market; retailers exposed but most consumers 'cushioned' from impact: EMASINGAPORE — Most customers in Singapore are cushioned from the higher price volatility in the wholesale electricity market, which has been hit in the past fortnight by several factors such as an increased demand for natural gas and falls in coal and natural-gas production, said the Energy Market Authority (EMA). Bwa hahaha!!! Volatility…in the trading market volatility is when market price crashes…😷
Källa: TODAYonline - 🏆 1. / 99 Läs mer »