contract termination fee
as defined in Directive (EU) 2019/944 of the European Parliament and of the Council of 5 June…, Article 2, point (16) (Definitions)
a charge or penalty imposed on customers by suppliers or market participants engaged in aggregation, for terminating an electricity supply or service contract;
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Also defined in
- Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on common rules for the internal market in… 52016PC0864R(01), Article 2, point (12)
any charge or penalty imposed on customers by suppliers or aggregators for withdrawing from an electricity supply or service contract