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French and Dutch utilities gear up for euro billing

Source :
EC Energy Monthly. Dec, 1997 Issue 108, p18, 2 p.
Publication Year :
1997

Abstract

Bills issued by French power utility EdF and gas utility GdF will from Jan 1, 1999, contain information in both the euro and the national currency. However, customers will not be obliged to make payments in euros. EdF's Treasury managers will begin dealing in euros from the same date. Similarly, Dutch energy and gas supply concerns will being including information about euro prices on their bills. Dutch energy and water utilities together estimate that it will cost them DFl 120 million to convert to the euro.

Details

ISSN :
09573666
Issue :
108
Database :
Gale General OneFile
Journal :
EC Energy Monthly
Publication Type :
Periodical
Accession number :
edsgcl.20190493