Electricity bills in Greece for the majority of household consumers will remain below 0.15 euros/KWh, which mostly applies to households that have chosen special or green electricity tariffs.
Prices for household consumers with green tariffs are expected to fall to the aforementioned levels due to the subsidies that will be announced by the Ministry of Environment and Energy today in an attempt on behalf of the government to mitigate the financial burden that was faced by consumers in August, despite wholesale electricity prices showing a slight decrease in August.
Green Tariff Bills
Electricity bills for households with green tariffs are expected to fall as reported due to the subsidy which the Ministry of Environment and Energy will announce with prices ranging between 0.01 and 0.012 euros per KWh. Sources report that prices will be slightly lower compared to that of Augusts’ 0.016 euros per KWh.
Rates without subsidies
The prices that the providers announced for Sept. before incorporating subsidies are the following:
PPC: The G1/G1N tariff for the first 500 kWh is €0.15940/kWh, with a night-time rate of 0.12840 euros per kWh, the fixed fee at 5 euros.
Heron: The Basic Home tariff is 0.15879 euros per kWh with a consistency discount. The fixed fee is set at 5 euros.
Protergia: The Value Special tariff is 0.1599 euros per kWh with a consistency discount and the fixed fee at 4 euros.
Elpedison: The special household tariff for the first 100 kWh is 0.15850 euros/kWh. For consumption above 100 kWh, the rate is 0.19950/kWh without subsidy. The fixed fee is set at 4 euros.
NRG: The special tariff is 0.18731euros per kWh with e-billing, automatic payment, and a consistency discount and the fixed fee at 3.5 euros.
Volton: The special tariff is 0.1948 euros per kWh with a consistency discount and the first month of electricity free. The fixed fee is 4.90 euros.
Natural Gas Greece: The unified special tariff is 0.1735euros per kWh with a consistency discount. The fixed fee is 5 eoros.
ZeniΘ: The Power Home Smart tariff is 0.15833 euros per kWh, with the fixed fee is at 5 euros.
Elin: The Power On! Home Green tariff is 0.15987 euros per kWh. The fixed fee is set at 5 euros.
Source: tovima.com
Latest News
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.