The subsidy on household electricity tariffs was set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Theodoros Skylakakis said in an interview with MEGA TV on Tuesday. As he said in this way, the retail prices (based on the tariffs announced on Sunday by the providers) will …

The generous and “astronomical” amount of eight (8) euros is the maximum subsidy the Greek government will help households and businesses in the country to deal with the high prices in electricity in the month of August. This is the result of calculations by main opposition party SYRIZA to the …

The emergency subsidy for household electricity consumption in August will be 1.6 cents per KW (or 16 euros per MWh), the Environment & Energy Ministry announced on Thursday. Therefore, the end billing price for most consumers – depending on the tariffs of each provider – will be under 15 cents/KW, …

Consumers in Greece see an increase of electricity prices in April despite the decrease in the wholesale price. “Blame the electricity theft,” says General Secretary for Energy, Aristotelis Aivaliotis. The cost created by electricity theft is sent to providers who on their turn send it to consumers. 400 million euros …

Renewable energy sources (RES) made up 41.2% of gross electricity consumption in the EU in 2022, the Eurostat said on Wednesday. In Greece, the RES share in electricity consumption in 2022 exceeded the European Union average to reach nearly 43% That was 3.4 percentage points more than in 2021 (37.8%) …

Deputy Environment and Energy Minister Alexandra Sdoukou said on Wednesday that smart electricity meters should also be allowed in Greece’s households so that consumers profit from power surplus and cheaper prices. Addressing the Ecomobility Conference in Athens, Sdoukou noted that energy providers in Europe are offering electricity rates that are …

A teleconference about the electrical interconnection project of Greece, Cyprus and Israel was held on Tuesday by the three countries’ power operators. Participating in it were Greece’s Independent Power Transmission Operator (IPTO), Cyprus’ Transmission System Operator Cyprus (TSOC), and Israel’s Independent System Operator (NOGA). They discussed issues relating to the …

Electricity prices will  increase up to 30% in November, as providers in Greece are expected to announce significant increases in the new tariffs for the next month. It is apparently the conflict in the Middle East, as well as the levy imposed by Bulgaria (10 euros per megawatt hour) on …

Τhe Ministry of Environment and Energy announced on Tuesday that it will continue to support electricity consumers in August with a total amount of 19 million euros. The subsidies for electricity in household tariffs and for all main and non-main residence services, without income criteria and regardless of provider, are …

The European Commission and European Central Bank chief Christine Lagarde urged EU governments to stop energy support measures to citizens. Speaking at the Hearing of the Committee on Economic and Monetary Affairs of the European Parliament on Monday ECB chief Lagarde said: “As the energy crisis fades, governments should roll …

Electricity suppliers announced lower bills for May, with prices set very close to the target set by the government for final charges to consumers. More specifically, PPC reported a charge of 15.9 cents per KWh for energy consumption up to 500 KWh (16.5 cents in April).  Protergia: 13.96 cents/KW  Heron: …

Greece’s Energy Regulator Authority (RAE) increases charges in the electricity distribution network as of May 1 and thus retroactive. The charge increases reaching over 7 euros will be collected by the Greek Electricity Distribution Network Operator (DEDDIE) and is reportedly “intended for investments and other [undefined!]expenses of the company.” With …

Greece’s Energy Minister announced on Friday the electricity subsidy for the month of April, that is ridiculously decreased to 15 euros per MWh. The minimum rate charged for electricity in April will fall below 9 cents per kilowatt hour based on the subsidies for next month, Environment and Energy Minister …

The majority of Greek power providers have announced significantly lower rates for April, following the easing of prices in the Greek energy exchange and in international markets. In many cases the prices are already lower than 15-16 cents per KWh, which is the target price for consumers after including state …

Hellenic Cables, the cables segment of Cenergy Holdings, signed a contract with Independent Power Transmission Operator (IPTO) on Monday,, in the context of the 4th phase of Cyclades interconnection with the continental Electricity Transmission System, concerning the electrical interconnections of Lavrio-Serifos and Serifos-Milos, Greece, with a total length of 170 …

Τhe subsidy for household electricity tariffs for March has been set at 40 euros per megawatt hour, according to statements by Environment and Energy Minister Kostas Skrekas on Tuesday morning. In other words, the amount of the subsidy remains at the same as in February, whereas the rates announced by …

State subsidy on household electricity tariffs for February, for 90% of consumption up to 500 KWh per month was set at 4 cents per kilowatt hour or 40 euros per megawatt hour,  Greece’s Energy Minister announced on Tuesday. For higher consumption over 500 Kwh, the subsidy is linked to energy …

Wholesale electricity prices fell below 100 euros/MWh in Greece for the first time in 18 months. Electricity prices for tomorrow, Wednesday, January 18, were set at 86.77 euros/MWh in the Greek Energy Exchange, falling below the 100-euro barrier for the first time since August 2021, media report. Market analysts attributed …

Why Greece presents the highest electricity price in the wholesale market? In Germany the price has fallen to 13.58 euros per MWh, in Romania is 94.50 euros. Why is it 248.24 euros per MWh in Greece? The peculiarity of the Greek wholesale electricity market in terms of the integration of …

The Athens Tax Office on Wednesday confirmed that electricity producers owe 367,067,027.54 euros in total for the extraordinary levy of 90%, based on the increase of their gross profit margin for the period October 2021-June 2022. This amount, as stated by Finance Minister Christos Staikouras, is payable until December 30, …