New electric shock on electricity bills

Wholesale electricity prices are rising again, heralding a chain reaction of rising prices starting with household electricity bills.

From Sunday to Wednesday, growth in the wholesale electricity market for Greece and Europe is a “reaction” to the arrival of winter and increased demand. In particular, over the past 24 hours, the wholesale price has increased by 50% to 319.03 euros / megawatt-hour, compared to the price on Sunday, and since then it has continued … to grow. So today, on Wednesday, November 30, on the map of the Energy Regulatory Authority, the price for Greece is 377.94 euros, which means an increase of 5.6% compared to 357 euros yesterday, Tuesday.

The chain reaction that will be reflected in the next electricity bills also puts Greece in the ‘deep blue’ of the map. DEH along with most countries, such as France, where the price of electricity has risen to 396 euros / megawatt-hour, Germany (at 393 euros / megawatt-hour) and others.

The cheapest electricity is bought by Spain and Portugal – at 151.25 euros / megawatt-hour, the so-called “Pyrenean exception” after the agreement reached with the European Commission, and Poland at 218.2 euros / megawatt-hour.

As of January 1, a new methodology for calculating distribution network service fees (ΔΕΔΔΗΕ) comes into force, in accordance with the decision of the Energy Regulatory Authority, which favors consumer tariffing based (primarily) on their level of consumption, and not on its volume.

In general, the amount that the grid operator will charge consumers will not change. However, the new charging methodology, according to information from ΑΠΕ-ΜΠΕ, may create an incentive for consumers who have exceeded their standard level (for example, they have a three-phase supply when they could meet their needs with a single-phase supply) to make the necessary changes in order to have more low fees on their electricity bills.

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