April 16, 2024

Athens News

News in English from Greece

Electricity discount for 80% of households

“The subsidy that we will provide as a state applies to all suppliers, as well as DEI and other alternative companies,” said Minister of Environment and Energy Costas Skrekas.

Speaking on SKAI, he stated that the government “responded immediately to the rise in world energy prices in terms of electricity and gas. Greece is the first country to establish an energy transition support fund. ”

According to the Minister of Energy: “We decided to support the cost of 30 euros per megawatt hour.” This means that the average household with a monthly consumption of 300 kilowatt-hours will receive a subsidy of nine euros every month.

Further, as Mr. Skrekas said, DEI is offering an additional discount on electricity up to 600 kilowatt-hours per month. “This means that almost 80% of payers will not be affected by the increase in tariffs,” he commented, noting that the measures will take effect from next month, from October.

Electricity bills: how new measures offset the increase in what households will ultimately pay
“A meeting with the leadership of the Energy Regulatory Office, as well as DEI and other suppliers is already scheduled for tomorrow,” the minister added, noting that the remaining 20% ​​of electricity consumers will see the tariff increase.

Discount up to 600 kilowatt-hours from DEI and other providers
As the minister stressed, “the discount for 300 kilowatt-hours, which is assistance from the state, and up to 600 kilowatt-hours – from DEI and other suppliers, covers almost all medium-sized households. Some providers are already making discounts and partially covering tariff revaluation, which, in our opinion, is temporary. “

Mr Skrekas explained that “the support applies to all entrepreneurs or farmers connected to low voltage equipment. Until the specified monthly consumption limit from the next month, on a separate line, they will see an additional discount on their invoices, i.e. what would be the amount if there was no support (provision of a subsidy) ”.

“The Prime Minister not only announced support, but also created a fund so that we can take action,” added Mr Skrekas, announcing that 450 million will be allocated from the development fund “to help small and medium-sized businesses and tourism and catering in order to make investments in energy saving, switching to equipment with less consumption, and therefore with lower costs. “

In addition, the minister spoke about the program to support entrepreneurs involved in the generation of “green electricity” and to contribute to the overall efforts to reduce the use of lignite.

“We are preparing,” he said, “a scheme of bilateral green contracts, that is, a deal between professional green energy producers directly with consumers, at very affordable prices.”

As “Russian Athens” wrote earlier, if the increase in electricity tariffs does take place, we will talk about a record rise in prices that will reach 100 euros per megawatt.

According to ethnos.gr, in Greece significant increase expected, about 50%, of electricity tariffs after a sharp jump in prices on the wholesale market throughout Europe. If the increase affects retail, it will be a record price, even reaching € 100 per megawatt.

But there are certain reasons for the rise in prices:

High demand due to the extended heat period. An increase in the tax on polluting emissions (this means that those who pollute the atmosphere will pay more).

According to SKAI, the rise in natural gas prices is considered the main reason (the price of a megawatt rose from 28 to 45 euros). It should also be noted that inflation is as high as 3% and energy consumption has increased by 15.3%, according to a Eurostat study.

According to ethnos.gr, in Greece significant increase expected, about 50%, of electricity tariffs after a sharp jump in prices on the wholesale market throughout Europe. If the increase affects retail, it will be a record price, even reaching € 100 per megawatt.

But there are certain reasons for the rise in prices:

High demand due to the extended heat period. An increase in the tax on polluting emissions (this means that those who pollute the atmosphere will pay more).

According to SKAI, the rise in natural gas prices is considered the main reason (the price of a megawatt rose from 28 to 45 euros). It should also be noted that inflation is as high as 3% and energy consumption has increased by 15.3%, according to a Eurostat study.





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