Gen-I freezes electricity prices through the end of 2027
Translated from Slovenian and summarized by DistantNews. Read the original for the full story.
At a glance
- Gen-I said it will not raise electricity prices from its regular tariffs for household and small-business customers through the end of 2027.
- The commitment covers existing customers and customers who sign contracts by Dec. 31, with household rates introduced on March 1, 2025 remaining in place.
- Network fees, excise duties, contributions, other state-regulated charges and electricity consumption could still increase final bills.
Gen-I is promising customers stable electricity prices through the end of 2027, but the pledge stops short of guaranteeing an unchanged household bill. Sloveniaโs largest household electricity supplier said it would keep its regular tariff rates unchanged for existing customers and for new customers who sign contracts by Dec. 31.
For households, the rates introduced on March 1, 2025 will remain in force. Electricity costs 0.11990 euros per kilowatt-hour before value-added tax in the higher tariff, 0.09790 euros in the lower tariff and 0.10890 euros in the single tariff. Including 22% VAT, those rates rise to 0.14628, 0.11944 and 0.13286 euros.
Small-business customers will retain the prices that took effect on Dec. 1, 2024. Before tax, they are 0.13990 euros per kilowatt-hour in the higher tariff, 0.11690 euros in the lower tariff and 0.12990 euros in the single tariff.
The fine print is that Gen-I controls only the price of the electricity it supplies. Network charges, excise duties, contributions and other fees set by the state, the Energy Agency or relevant operators are outside the commitment. Changes to those items, or a change in a customerโs consumption, could push up the final amount on the bill.
Gen-I linked the decision to uncertainty in international energy markets and its ability to manage procurement and price risks over the long term. The group trades continuously across 27 energy markets. โWe want to make it easier for customers to plan their costs and protect them from possible future price pressures in energy markets,โ chief executive Maks Helbl said. The company presented the pledge as an extension of current regular tariffs, not as a limited promotion or a new product. Customers will still need to compare the rates with competing offers, including discounts, monthly fees and contract conditions.
We want to make it easier for customers to plan their costs and protect them from possible future price pressures in energy markets.
Originally published by Delo in Slovenian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.