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Tag Archives: adjustment clause

New electricity tariffs without adjustment clause to be announced

Energy suppliers in Greece will have been announced new electricity tariffs by next Sunday, July 10, media report. The new tariffs will not include the adjustment clause and will be effective as of August, 1, 2022 The government aspires with the combination of measures implemented in the wholesale and retail …

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1,100 power cut orders across Greece daily due to unpaid bills; Greeks mobilize

Greeks rushed to public power company on Easter Wednesday to arrange payment settlements for unpaid bills and avoid being completely cut off from the electricity supply, as providers keep issuing disconnections orders and push for their implementation. With the wholesale price among the highest in Europe and a government that …

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Greece’s consumers fight back: INKA files legal action against “adjustment clause” on electricity bills

Greece’s Consumer Institute INKA has launched a collective legal action against electricity providers who impose an additional cost on consumers through the so-called “adjustment clause.” The clause burdens the already and extra charge of often several hundreds euros to the already soaring electricity bills with an extra charge of often …

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