Electrica Regs Regulatory News (ELSA)

Parties of the transaction

Agreement Type and No., execution date

Scope of the transactions

Amount (RON th.)

Date of entry into force

Expiry date

Guarantees (RON th.)

Penalties

Payment due dates and payment methods

SDTS and EFSA TS

C-3831/D/700/ 15 Mar 2016 and AA2/01 Aug 2016

Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator - Providing other services as distribution operator

(9.53)*

1 August 2016

N/A

0

0.02% (penalty interest corresponding to the percentage of interest due for non-payment of obligations to the state budget), calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive).

Payment is made within 30 days from the date of receipt of the invoice

Transactions total amount (RON th.):

(9.53)*

Parties of the transaction

Agreement Type and No., execution date

Scope of transaction

Amount of transaction (RON th.)

Date of entry into force

Expiry date

Guarantees (RON th.)

Penalties

Payment due dates and payment methods

CEO and EFSA

Contract No. 1763/CEO/1 Oct 2020, following the transactions dated 29 Sept 2020 on OPCOM platform, awarded through PCCB-LE-Flex auction

Sale and purchase of electricity

10,718.30

1 January 2021

31 December 2021

1,174.61

Interest for late payment shall be calculated for each day of delay, starting on the day immediately following the due date and until the date of payment of the amount due, excluding the day of payment. The interest rate for late payment is 0.05% for each day of delay, calculated on the outstanding amount.

Compensation of RON 880.96 th in case of non-submission by EFSA of the guarantees provided in the contract in favor of the CEO.

Additional compensations of RON 880.96 th, in case of cancellation. The total compensatory amount in case of cancellation can be calculated only at the time of cancellation, because it is calculated according to the quantity not delivered and the price calculated according to the contractual provisions.

The invoice is issued after delivery, in two installments: - on the 15th of the delivery month, for the energy delivered in the first 15 days of the month, - on the last working day of the delivery month for the delivered energy from the 16th to the last day of the month of delivery

Payment is made until the 25th of the month in case of invoices issued for the first 15 days of delivery and until the 10th of the month following the contractual month of delivery in case of invoices the invoice issued for energy delivered from the 16th to the last day of month of delivery.

Total amount (RON th.):

10,718.30

Parties of the transaction

Agreement Type and No., execution date

Scope of the transactions

Amount (RON th.)

Date of entry into force

Expiry date

Guarantees (RON th.)

Penalties (RON th.)

Payment due dates and payment methods

OPCOM and EFSA

Convention PCCB-NC 3876/2015

Convention PCCB-LE 3878/2015

Convention PCCB LE FLEX 26829/2020

Convention PC OTC 19546/2014

Convention PC SU 14098/2018

Convention PI/2017;

Convention PVC 90958/2017

Convention PC ESRE CV 6235/2019

Conventions without fix price, the transactions amounts are determined based on the monthly invoices issued by OPCOM

Trading tariffs

14.59

19 January 2015

19 January 2015

26 May 2020

2 April 2014

20 April 2018

19 January 2017

11 October 2017

30 September 2019

N/A

28,500

Invoices are issued on the last day of the delivery month. Payment is made until the 10th calendar day of the following month

Total transactions amount (RON th.):

14.59