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The company has undertaken the necessary changes and developments to continue its activity after the entry into force of the new tolls

2021-11-13 00:00:00.0

i-DE, the Iberdrola Group's distribution company in Spain, is invoicing retailers without delay or incident

Image of the Iberdrola Tower.

It has adapted its systems in good time without incident. These changes have ensured that the distribution by the leading national electricity group has not resulted in any incidents with the retailers

Iberdrola, and specifically its distributor i-DE, has expressed its satisfaction at having undertaken the necessary changes and developments to continue its activity after the entry into force of the new tolls, being able to bill without any real delay to the retailers who are, in effect, the ones who deal with the customers.

This is the consequence of having adapted their systems in good time without incident. These changes have ensured that the distribution of the leading national electricity group has not resulted in any incident with the retailers.

It should be remembered that the distribution company is responsible for delivering the energy to each supply point, while the retailer agrees the conditions with the customer, takes care of the customer and bills for the energy consumed.

The delays by other distributors is affecting the service that all retailers offer to their customers.

i-DE operates a distribution system with 270,000 km of power lines across 10 Autonomous Communities in Spain, serving a population of 17 million.

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About Iberdrola

Iberdrola is a leading global energy supplier -the third-largest by market capitalisation in the world and the leader in renewables- championing the energy transition towards a low-emissions economy. The group supplies energy to around 100 million people in dozens of countries and has renewable, grid and retail activities in Europe (Spain, the UK, Portugal, France, Germany, Italy and Greece), the US, Brazil, Mexico and Australia, while counting markets including Japan, Ireland, Sweden and Poland among its growth platforms.

With a workforce of more than 37,000 and assets of over €122.5 billion, it recorded turnover in excess of €33 billion and net profit slightly exceeding €3.6 billion in 2020. The company contributes to the maintenance of 400,000 jobs in its supply chain, with an annual procurement budget of €14 billion. A leader in the fight against climate change, Iberdrola has committed more than €120bn over the last two decades to building a sustainable energy model based on sound environmental, social and governance (ESG) principles.