The Electricity Authority closed an investigation into business electricity prices and contract access, citing limited industry engagement.
A probe into how business users are charged for electricity has been switched off after the Electricity Authority said it could not get enough response from the sector.
The Electricity Authority has closed an investigation announced last August into electricity pricing and access to contracts for business customers. In its update, Misryoum reports that the authority pointed to limited engagement from industry as the reason it did not continue.
For business users and the wider market, the investigation mattered because it focused on the terms that can shape day-to-day energy costs. When participants do not come forward, regulators typically lose key evidence needed to move from concerns to conclusions.
Last year, the Northern Infrastructure Forum raised concerns with the Electricity Authority about electricity pricing.. Misryoum notes that the investigation followed those concerns, but businesses and other stakeholders were apparently reluctant to participate in a way that would support the authority’s work.
In this context, the authority’s decision signals that even when questions are raised publicly, investigations can stall if information stays out of reach. The authority is left without enough industry input to assess how pricing and contract access are playing out for business customers.
Misryoum expects the closure to keep the spotlight on how business electricity arrangements are monitored and challenged going forward. It also highlights the practical hurdle regulators face: getting sufficient engagement to test claims with real-world detail.
The Electricity Authority’s statement brings an end to the specific review it had been running, though it does not eliminate the underlying interest in pricing transparency and fair access to contract terms for business users.