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[BUSINESS] · Lithuania · 3 sources

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Lithuanian regulator assures vulnerable electricity users their supply will continue amid contract changes

The State Energy Regulatory Council (VERT) told vulnerable electricity customers that ending independent‑supplier contracts will not interrupt power delivery. Those classified as vulnerable – recipients of social assistance, people with disabilities or seniority benefits – will automatically be switched to public supply managed by Ignitis, where tariffs are lower. VERT deputy chair Matas Taparauskas said notifications about contract terminations are sent twice a year (January and July) and consumers may object to the switch if they wish.

In parallel, Lithuania’s electricity market saw modest movements in fixed‑price plans. One independent supplier raised its 12‑month tariff by up to 1 %, while two others kept rates unchanged. Wholesale prices fell by about 25 % week‑on‑week, with 85 % of consumption generated domestically and shortfalls imported from Latvia and Sweden. The average price for 12‑month fixed plans remained around €0.287 /kWh, and 24‑month plans edged up to roughly €0.296 /kWh. Overall, non‑fixed plans fell 11 % as the Nord Pool price dropped.

Entities

Ignitis · Lithuanian vulnerable electricity consumers · Matas Taparauskas · State Energy Regulatory Council (VERT)