Greece: Electricity Tariff Hikes of Up to 62% in December

Electricity tariffs in Greece are soaring with the special or green tariffs increasing by up to 62% in Dec. compared to prices in Nov. Providers were prompted to raise the tariffs in Dec. due to a surge in the wholesale market last month.

Electricity providers have updated their websites with the new rates for special or green electricity tariffs, according to which household consumers will see significant increases; competitive charges ranging from 0.15499 euros per kWh to 0.1993 euros per kWh.

In an attempt to alleviate the economic burden on citizens, the Ministry of Environment and Energy plans to offer subsidies for electricity bills. Initially, these will apply to household consumers for December’s consumption. Professional electricity tariffs will also be subsidized, with a platform being set up for businesses to submit applications.

Detailed Green Tariff Charges per Provider for Dec.

The Public Power Corporation’s, (PPC) main tariff is 0.15499 per kWh for a monthly consumption of up to 500 kWh. For consumption above 500 kWh per month the tariff is 0.1588 euros per kWh. The night tariff will be set at 0.14514 euros per kWh. PPC has absorbed significant increases with a 68% discount on the base supply price.

The Basic Home tariff for HERON is set at 0.16984 euros per kWh with a 100% consistency discount.
Protergia’s Value Special tariff is 0.159 euros per kWh (unchanged). While Elin set the higher green tariff at 0.189 euros per kWh, with NRG setting it at 0.184 euros per kWh (with e-billing and payment consistency).

Elpedison set the tariff at 0.15850 per kWh for consumption up to 100 kWh per month, while it is 0.19950 per kWh for monthly consumption above 100 kWh.

Natural Gas of Greece provides a green tariff for 0.1685 euros per kWh. Volton has the highest green tariff at 0.1993 euros per kWh, with Zenith’s green tariff set at 0.16514 euros per kWh.

Source: tovima.com