Electricity: CONTE spol. s r.o. has announced the loss of its possibility to supply electricity
In accordance with Sections 58 and 59 of Decree No. 408/2015 Coll., On the Electricity Market Rules, as amended, the market operator announces that it is suspending the activities of CONTE spol. s r.o., IČ: 00565342, EAN: 8591824368404, in CS OTE system due to the loss of the possibility to supply electricity, based on the notification of this company received by the market operator on 29 March 2022 at 11:55.
In line with Market Rules, an accelerated change of supplier will be possible until 29. 3. 2022 24:00. In the event that the customers do not make an accelerated change of supplier, OTE will inform the suppliers of last resort about customers to whom the supply shall be initiated by that supplier.
The supplier of last resort (DPI) is a tool that protects consumers in the event of bankruptcy of any energy supplier. It kicks in immediately and people can take energy from it for up to six months. At any time during this period, they can choose a new regular supplier and switch to it without any restrictions. Even if they had a fixed-term contract with their original supplier, this is no longer valid under the DPI.
The market operator acts in accordance with the applicable regulations and with the aim of minimising negative impacts on the electricity market.