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The bill criticised by Ramon Rask corrected: the amendments to the Electricity Market Act ensures a more level playing field for micro- and small enterprises compared to other market players
The bill criticised by Ramon Rask corrected: the amendments to the Electricity Market Act ensures a more level playing field for micro- and small enterprises compared to other market players
The expedited amendments to the Electricity Market Act entered into force on 23 October, giving micro- and small businesses the possibility to purchase electricity as a universal service until the end of 2023.
We are pleased that the adopted amendment also corrected the original confusing wording that put micro- and small enterprises at a disadvantage in the context of the universal service. RASK partner Ramon Rask drew attention to the problematic wording of the bill in Äripäev, the foremost business outlet in Estonia, already at the end of September. In addition to Ramon, the Estonian Chamber of Commerce and Industry and the Estonian Association of SME’s also pointed out the need for clarification during the proceedings.
However, the text of the amendment to the Electricity Market Act, adopted by the Parliament of Estonia, contains a crucial clarification on this issue: “the amendment to subsection 5 specifies that the universal service also extends to businesses that do not have a direct contract with a seller but purchase electricity, for example, through an intermediary. This ensures that people who rent a property and have an electricity contract with the landlord can benefit from the universal service.”
We are pleased that the adopted amendment also corrected the original confusing wording that put micro- and small enterprises at a disadvantage in the context of the universal service. RASK partner Ramon Rask drew attention to the problematic wording of the bill in Äripäev, the foremost business outlet in Estonia, already at the end of September. In addition to Ramon, the Estonian Chamber of Commerce and Industry and the Estonian Association of SME’s also pointed out the need for clarification during the proceedings.
However, the text of the amendment to the Electricity Market Act, adopted by the Parliament of Estonia, contains a crucial clarification on this issue: “the amendment to subsection 5 specifies that the universal service also extends to businesses that do not have a direct contract with a seller but purchase electricity, for example, through an intermediary. This ensures that people who rent a property and have an electricity contract with the landlord can benefit from the universal service.”