Watchdog suggests maximum prices for individual energy consumers

President of Polish Energy Regulatory Office Maciej Bando has proposed a new energy price policy. According to the document, there will be no fixed price of the energy for households but a maximum price thereof. The project shall be initially sent to the Ministry of Economy at the end August 2014 for further analysis. The energy sector is enthusiastic about the concept. Krzysztof Zamasz, CEO of Enea, a major energy provider, told Rzeczpospolita that introducing the maximum price instead of a fixed price would allow them to extend their capabilities on the competitive energy market. Mirosław Bieliński, CEO of Energa, was also positive about the concept and indicated that it would increase the energy providers’ competitiveness. However, some companies operating in the energy sector may have their income decreased, should the project be adopted, Paweł Puchalski, analysis department director at DM BZ WBK told the daily. The energy sector may also experience price wars, Puchalski added.