Spanish electricity supplier Iberdrola does not renew French contracts

Spanish electricity supplier Ibedrola said it would not automatically renew its contracts in France, forcing hundreds of thousands of customers to find alternative suppliers due to rising costs.

Iberdrola is EDF’s main competitor in France, and used by hundreds of thousands of people.

Over the past few days, customers have received letters from the Spanish company asking them to find alternative suppliers as soon as possible, in order to avoid a supply disruption at the end of their current contracts.

The communication read: “We urge you to switch suppliers. Failure to do so may result in your power supply being interrupted as soon as your contract with Iberdrola ends.”

On Saturday August 20, a disgruntled customer said: “It was Europe that forced openness to competition to break EDF’s monopoly in the first place.”

When interviewed by France TelevisionsIberdrola confirmed the change.

She said she was committed to offering her customers in France the lowest prices, and when she could no longer do that, she made the decision to ask customers to find an alternative. This would prevent them from renewing their contracts at a much higher rate, he said.

A spokesperson for Iberdrola in Madrid said“We don’t want to automatically renew contracts with existing customers, as many of them would be severely affected [by rising prices]. It is better for them to opt for the regulated tariff in France.

Related Articles

Regulated prices keep France’s electricity cheaper than its EU neighbors
The electricity market in France “completely blocked”, according to a group of consumers
Energy suppliers in France: changing firms?