E-Pango gas supplier accused of abandoning 15,000 housing units from social landlord

The company broke up, at the end of 2021, the contract providing for the supply of buildings belonging to the real estate management of the city of Paris, causing a prejudice of 3.7 million euros.

by Adrien Pécout

The energy price crisis hit households hard with modest resources. Especially when the gas supplier of their social landlord prefers to leave them as winter approaches. This was the case for approximately 15,000 housing units from the real estate management of the city of Paris (RIVP), after the rupture by the company E-Pango, mid-term, in December 2021, of a two-year collective contract at fixed price. The company distorted them company under the effect of the prices of prices on the wholesale market, the one on which the suppliers are obtaining.

The operation caused a considerable additional cost payable by households. Another supplier, for a contract until the end of the current year had to be urgently had to find in urgency. Consequence, at the expense of residents: the monthly bill weighed around 70 euros on average during the first half of 2022, when it was only “just over 30 euros” before, according to Simon Molesin, Director of Heritage RIVP. Or a surplus estimated at nearly 3.7 million euros over these six months.

of its former supplier, the RIVP is now awaiting the payment of compensation: the equivalent of the additional cost. The lessor chaired by David Belliard, the environmental assistant to the socialist mayor of Paris, Anne Hidalgo, has initiated legal action. Denouncing a breach of faulty contract, the consumption, housing and living environment association (CLCV) supported it in this assignment to the Paris judicial court, launched in November 2022 against the supplier – the hearing being scheduled for March 16 .

“Lack of prudential rules”

e-pango is the creation, in 2015, of an old Transue by the electrician EDF, Philippe Girard. Coming from the liberalization of energy, the small supplier first marketed electricity to businesses and communities, then gas. A well -known woman in the energy world presides over the board of directors since May 2021 (two months before the company’s IPO): Anne Lauvergeon, formerly owner of Areva.

After the failure of other actors, “this case is the perfect illustration of the lack of prudential rules” around the gas or electricity markets, said CLCV, in a statement sent Thursday, February 16. In other words, the consumer association criticizes certain suppliers for having been too late in obtaining and wrongly betting on prices fluctuations, rather than having bought the energy in advance.

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/Media reports cited above.