The Board of the Energy Regulatory Office (ERO) has extended the term of the Kosovo Energy Corporation (KEK) as the Supplier of Last Resort (SLR) for the next six months, for large businesses.
In Kosovo, all companies with more than 50 employees or a turnover of over 10 million euros per year were forced to switch to the open energy market from June 1.
This means that they must enter into a contract with one of the 21 licensed energy supply companies in the country.
Companies that have not managed to sign a contract are supplied by KEK, as their last option for electricity supply.
According to the provisions of the Electricity Law, the Supplier of Last Resort is a supplier that is appointed for a limited period of time and provides supply services to customers who have failed to contract another supplier, or who have lost their existing supplier.
This supplier is determined through an open tender announced by ERO.
Based on this tender, the regulator appoints the FMF for a three-year period.
However, if a supplier is not selected for that period, ERO has the right to appoint a temporary supplier for a period not exceeding six months, during which a new tender will be held.
ERO has not given any official reason for extending KEK's mandate as FMF until January 31, 2026.
FMF also offers support to consumers who are in the process of searching for an alternative supplier, for a 60-day period.
This development follows the entry into force of the Energy Regulatory Office (ERO) decision to liberalize the electricity market.
The decision stipulates that businesses that meet the aforementioned criteria must choose their own energy supplier in the free market, with prices unregulated by state institutions.
KEK has announced that there is extraordinary interest from businesses to sign supply contracts, but has not specified their number./ REL (A2 Televizion)
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