With subsidies from 1.6 to 5 euro cents/kWh, the state subsidizes electricity bills for domestic consumers. In a related announcement, the political leadership of the Ministry of Environment and Energy proceeded, noting that “the electricity bill for domestic consumers will drop below 15 cents/kWh in August”.
Electricity
In particular, the subsidies for electricity in household tariffs and for all main and non-main residence services, without income criteria and regardless of provider, are structured as follows:
- For monthly consumptions up to 500kWh, the subsidy is 16€/MWh or 1.6 cents/kWh. This category occupies 90% of households in Greece. It is noted that the subsidies concern consumers who are contracted to variable electricity tariffs.
- For households that are included in the Social Household Tariff (COT), the subsidy amounts to €50/MWh or 5 cents/kWh for the total consumption, while the final price after the subsidy will be at the pre-energy crisis level.
Prices before the energy crisis
The above is included in the measures taken by the Ministry of Environment and Energy, with the aim of preventing the excessive burden on domestic electricity consumers, from the increase in electricity prices, due to the recent malfunction of the electricity market in South-Eastern Europe, which was observed within the last July.
The Minister of Environment and Energy, Mr. Thodoros Skylakakis, stated: “Based on the prices of the providers that have been made known (and cover more than 80% of the market), the final price for the vast majority of domestic electricity consumers is below 15 cents/kWh, after the extraordinary support to the electricity bills that we announce”.
The Deputy Minister of Environment and Energy, Mrs. Alexandra Sdoukou, emphasized: “The government, acting immediately, as it did in the previous years of the energy crisis, maintains with the subsidy announced today, at an affordable level electricity prices for domestic consumers and strengthens more the approximately 700,000 beneficiaries of the Social Household Tariff, dropping the final price to 11.3 cents/kWh for the majority of these consumers”.
SOURCE: ot.gr
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