The company Termoenergetica, which takes over the activity of district heating in the Capital, begins the negotiations for the new supply contract with ELCEN, informs RADET.

“Since July, we have requested the conclusion of a new contract for the supply of thermal energy, a correct one, from which the clauses that have generated the economic-financial conflicts and a large part of the penalties are eliminated, the proposals being transmitted to the Ministry of Economy, to the contracting partner and ANRE on several occasions. The requests are normal, correct and realistic and take into account the specificity of the service of supplying the thermal energy, but especially the avoidance of the precedent, respectively of the experience had by RADET ”, shows a statement of the RADET quoted by Bucharest FM.

RADET argues that the refusal to eliminate these clauses and “the introduction of any other clauses imposed by ELCEN, which are not in compliance with this specific aspect will lead to the burial of the new company on the already known model” of the utility.

“Thus, one of the requests took into account the calculation of the tariff for the operator of the thermal energy service (Energetica Company Bucharest) at the level of the expenses of a calendar year, given that the practice proved that, during the hot season, for RADET it was impossible to pay ELCEN invoices in due dates. We remind you that the heating service has a strong seasonal character that creates a financial imbalance between the revenues obtained in the hot season and those received in the cold season. In this regard, we mention that only about 15% of the turnover is realized during the summer, while 85% is invoiced in the cold season.”

Another request was to increase the grace period from 30 days to 40 days for the payment of the invoice to the producer, after which it may charge late penalties. “This provision was required to ensure a sufficient cash flow, as it is well known that the 10-day delay between the date of issue of the purchase of thermal energy from the producer and the date of issue of the invoice to the customer has generated late penalties,” explains RADET.