Electricity Theft: Tougher Penalties – What Will Providers Do? 2024-04-12 01:50:35

Instead of having a reduction in the price of electricity, according to the developments of the Energy Exchange, these reductions do not go through in full, with the result that those consumers who pay their bills normally are also burdened.

The bill that is coming, the most basic thing it mentions is that, when we choose a provider, we should give an updated responsible statement of the electrician-installer, who will explicitly state that there is no falsification, no conversion, no alteration, on the meter.

Any electrician who signs something like this and it turns out that electricity theft is taking place, loses his professional license and is subject to some other existing penalties.

The framework is now starting to be tightened, the electricians are also controlled, where they actually do the conversions, in consultation with the property owners.

Referring to the Apollo program, he said that it provides some protection for vulnerable households, while there is also a new regulation concerning defaulters.

In particular, it gives a four-month deadline for late payments on electricity bills. If this limit is exceeded, the provider has the right to disconnect the connection.

Referring to why while the wholesale price of electricity is reduced, this does not “pass” on to the retail price paid by consumers, he said that it is due to various reasons and to a small extent to electricity theft.

Another reason is the risk that providers take, especially on tariffs that are colored green, yellow and blue. In the invoices that the discount goes through in real time are the orange invoices, where they are charged based on the time of consumption.

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