A decline in energy cost must be rapidly reflected on Greek households’ and enterprises’ energy bills, Yiannis Masoutis, president of the Union of Hellenic Chambers said on Thursday. “It is a top priority that needs to become reality, without any delay, to rapidly reflect a decline in energy cost (electricity …
Read More »
Greece extends electricity subsidy also in August, says Energy Minister
Greece will extend subsidies to power bills at a cost of more than 1.1 billion euros in August to support households and businesses amid a spike in energy prices, Energy Minister Kostas Skrekas said on Monday. Final consumer prices for electricity are expected to be set at 15-17 cents per …
Read More »
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 …
Read More »
How to receive the “60% rebate” on electricity bills: Procedure, Q&A
A guide on how electricity consumers in Greece will receive the state aid for ‘inflated electricity bills in the last six months has been issued and and posted on several media. The guide refs to beneficiaries, how to apply on the special platform as well as how to calculate the …
Read More »
PPC cuts electricity to 92-year-old oxygen-dependent granny
A 92-year-old bed-ridden and oxygen-dependent granny with dementia was rushed to the hospital on Friday after Greece’s Public Power Company cut the electricity supply due to a dept of 500 euros thus depriving her of the most essential source that was keeping her alive. Speaking to Open TV on Monday …
Read More »
Greece’s Energy Minister genius advice: “Turn lights and water boiler off”
“Turn off the lights and the water boiler, then it costs to the pocket.” Greece’ Energy Minister Kostas Skrekas needed almost half a year of soaring electricity prices to come up with this genius proposal to the Greeks who are puzzled about their power bills and have no idea how …
Read More »
Half of Greeks unable to cope with bills due to pandemic, survey finds
Greeks ranked lowest among 24 countries in Europe for the second time in terms of their ability to pay their bills in 2020, according to the annual European Payment Report published by Intrum. The survey also found that nearly half saw their incomes drop as a result of the coronavirus …
Read More »
Greece’s power company PPC to sell unpaid bills to JPMorgan
Public Power Corporation (PPC) , Greece’s biggest utility, is close to selling off a bundle of unpaid bills worth about 300 million euros in a secularization deal with JPMorgan, two sources close to the matter told news agency reuters on Tuesday. PPC, which is 51% state-owned, is struggling under a …
Read More »
PPC asks consumers to measure electricity consumption by themselves
The Greek Public Power Company (PPC/DEH) has reportedly asked consumers to conduct measurements on their home electricity consumption and declare it to the company officers. Consumers have denounced this to media. According to news website in.gr, PPC subscribers who have not received their bills for several months have turned to …
Read More »
Survey: 4:10 Greeks borrow money to pay their bills
Four out of ten Greeks borrow money in order to pay utility and other bills. Also 40% states that they have not enough money to live a decent life due to lay-offs, unemployment, wage cuts, increased taxes and the price of heating oil, and declare that utility bills -electricity, telephone, …
Read More »
(Upd) Union Occupies Electricity Company to Hinder Property Tax Collection
Members of GENOP-DEH union at the electricity company occupied last night the premises where the bills are been printing in order to prohibit the issue of 190.000 bills containing the emergency property tax to households. However the occupation seems to have failed its target as the DEH management found alternative ways …
Read More »