Lázár seeks to review utility companies on suspicion of overcharging
Cabinet Chief János Lázár said on Saturday that he plans to conduct a review of how utility companies measure and bill their customers following suspicions of overcharging, Hungarian news agency MTI reported citing Lázár’s interview with commercial station HírTV.
Lázár said that the gas and electricity sector can expect to come under scrutiny initially, followed by the waterworks and waste management sectors.
According to Lázár the state became aware of data that suggested the manipulation of metering and billing by gas distributor Főgáz when it conducted due diligence on the company before acquiring its shares. In a number of cases, Főgáz overcharged blocks of flats 20-30%, while refusing residents' request to replace meters, he added.
"I don't have to say how many people regularly complain about the value of the gas they use to heat and cook. I think there is overcharging going on," Lázár added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.