Act No. LXXXVI of 2007 on electricity and Governmental Decree No. 273 of 2007 (X.19.) implementing certain provisions of the Act.

The purpose of this Act is: to create an efficient electricity market; to exercise the principles of energy efficiency and conservation in the interest of sustainable development; to ensure the access to electricity; to supply electricity to the consumers in a safe and smooth way, of adequate quality and at a transparent price; to protect efficiently the interests of consumers; to integrate national electricity market into EU markets; to promote the establishment of new generation capacity and new network infrastructures, and the access of new actors on the electricity market; to promote the generation of electricity using renewable energy sources and wastes. The Act must be applied to: (a) the generation, transmission, distribution, trade and consumption of electricity; (b) the operation of the electricity grid and ancillary services thereof; (c) the establishment, operation and decommissioning of electrical installations, customer connection systems, consumer equipment and direct lines; (d) licensing in the electricity sector. The Act consists of 24 Chapters (and of 184 Articles) dealing with the following matters: general provisions (Chapt. 1); electric energy production (Chapt. 2); common rules regarding the transmission system control, the distribution of electricity and the network licensees (Chapt. 3); access to networks (Chapt. 4); direct line, private line (Chapt. 5); measurement and meter reading (Chapt. 6); electricity trading (Chapt. 7); organized electricity market (Chapt. 8); consumers’ right and consumers to be protected (Chapt. 9); terms of business (Chapt. 10); general requisites of electric energy industry activities (Chapt. 11); partition of the activities (Chapt. 12); promotion of competition in the electricity market (Chapt. 13); licensing procedure of the building authority (Chapt. 14); electricity supply malfunction (Chapt. 15); price regulation (Chapt. 16); other financial provisions (Chapt. 17); supplying of data, confidentiality of information, secrecy (Chapt. 18); legal status, duties and competencies of the Hungarian National Energy Agency (Chapt. 19); mandatory provisions (Chapt. 20); transitional provisions (Chapt.21); modified laws (Chapt. 22); repealed laws (Chapt. 24).