Prime Minister Kyriakos Mitsotakis claimed on Friday that “it’s a lie that Greece has the most expensive electricity in the EU,” and added that “the prices are cheaper than the European average.”
Greece has the on Friday accused main opposition PASOK-Movement for Change leader Nikos Androulakis of lying, in his response to the main opposition leader’s question for the prime minister in Parliament.
The Prime Minister was addressing the leader of main opposition socialist PASOK, Nikos Androulakis.
Mitsaotakis said that Androulakis was lying when he claimed that Greece has the most expensive electricity and stated that the tariffs paid by Greek households in the first half of 2025 (latest Eurostat available data) were 21% cheaper than the European average.
Mitsotakis underlined that the government policy ensures the country’s energy security.
Prices in Europe are much higher than they were before the Russian invasion of Ukraine, he pointed out, and the wholesale price of electricity has doubled on average, adding that “in 2019, Greece was by far the most expensive country in wholesale prices in Europe.”
“During this period, the price rose from 60 euros to 400 euros and the government reacted. It did not allow the unimaginable increases to reach households. We imposed an extraordinary tax on the excess profits of refineries and subsidized electricity prices so that they do not reach the consumer. In January, the average price was 109 euros in Greece per megawatt-hour and 143 euros in Poland,” the prime minister stressed, adding that “the picture is different from the one that existed in the past. The energy policy mix we chose is based on two pillars.”
“First, on the penetration of renewable energy sources, which will increase even more, and secondly on the choice of natural gas when we cannot meet the demand from renewable energy sources. Not Russian gas, but liquefied gas, possibly of American origin, as long as the prices are favorable, where we will cover the rest of our energy needs,” noted Mitsotakis.
He added that “we expect the Public power Company to see lower prices in the market in the near future” and that only in cases of emergency “will we put lignite in the mix”. For the first time – he emphasized – the energy balance is positive, this means energy security.”
He emphasized that the government proposed investments in energy so that households could enjoy lower electricity prices. As he said, “we have made leaps, since investments stood at 400 million euros in 2024 and they reached 1.5 billion euros”, while “the interconnection of our islands is a priority for us and investments will be made in this direction”.
Referring to what he called a “balanced” mix of photovoltaic and wind power, the prime minister pointed out that “50% of RES production is by the Hellenic Electricity Distribution Network Operator (HEDNO), not from the Independent Power Transmission Operator (IPTO),” he said.
PS
1) What the Prime minister did not mention was that many consumers, subscribers to PPC received bills unexplainable charging an extra 50 to 80 euros for mid-January to mid-February 2026.
Specifically, the PPC announced for February the G1/G1N residential tariff at 0.13929 euros per kilowatt-hour. However, as the company had announced, this charge applies to consumption up to 200 kilowatt-hours per month. For consumption above 200 kilowatt-hours, the charge increases to 0.154 euros per kilowatt-hour, in.gr reported. Note that households had a preferential tariff up to 500 KWh consumption.
2) He proudly announced that the cheapest tariffs are during the day, at noon. He proved one more time that he has no idea how the citizens live as many are at work during this time and cannot make use of the “cheap power” for laundry, cooking etc.
3) He also did not mention that electricity produced by photovoltaic and wind turbines is being rather exported as there are no storage facilities than coming to the benefits of the Greek citizens.
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Clueless twat!!! 😡
Also, as far as I can see, he bases his statements purely on the charge per kWh. On the bill are several other charges for distribution etc. If you aggregate all charges how does it compare to the rest of Europe?
First of all, what Mitso should be stating is that the charge per kilowatt hour is slightly less than the EU average: this is no great achievement, since it means very little. The actual cost of electricity is the TOTAL cost — including all fixed charges, taxes charged by square metres of the residence, and random unexpected charges just added on without explanation or legal justification. When we look at the total cost, then Greece remains the most expensive country for electricity in the EU. Over the next few years, according to Kathimerini, the costs are expected to rise massively to finance the infrastructure for islands and remote places.
Any decent government would finance infrastructure from general taxation — making sure that the rich pay their fair share. Mitsotakis will finance it from the poorest in society, as usual. He follows the Thatcher playbook, of taxing the poor to help the rich (notably, his own corrupt family).