The prices that Iberdrola’s customers would be charged if they renew their contracts would be higher than the regulated rate guaranteed in France, which is why the Spanish company has suggested to its subscribers not to renew their contracts.
Mexico City, August 20 (However).– The Spanish Iberdrola it is proposing to your customers of electricity in France what do not renew your contract at the end of the stipulated period and opt for the regulated rate, in view of the high energy prices in Europe.
In accordance with Archyde.comthe power company began sending letters to customers to suggest that they disabonen del supply, although it indicated that it has no intention of withdrawing from the retail market in France, where it is the second operator in the French market, behind EDF.
According to a statement quoted by the media, Iberdrola stressed that it is not kicking out customers and “will continue to supply French customers”; however, he insisted that “extremely high prices and extreme volatility in the current global energy environment” means that new costs are passed on to customers once contracts are renewed.
In this context, the prices that Iberdrola customers would be charged if they renew their contracts would be higher than those of the regulated rate that is guaranteed in France, for which reason the Spanish company seeks to urge its subscribers to take “the better decision”, under the argument of prioritizing “total transparency and consumer protection”.
The “few thousand” subscribers who have been contacted would renew their contracts in 2023 or even in later years.
Iberdrola did not specify how many private clients it has in France, but it did offer the data that between France, Italy, Germany and Portugal there were 1.9 million people as of December 31, 2021.
