The amount of the targeted, extraordinary support for electricity bills, which concerns October consumption for more than 700,000 vulnerable households, announced the Ministry of Environment and Energy
In particular, for households included in the Social Household Tariff (COT), the aid amounts to 30 euros/MWh or 3 cents/kWh for the total consumption.
It is worth noting that with the above subsidies, almost the entire increased cost is absorbed, as it appears from the pre-crisis electricity prices.
The total cost of the aid for October amounts to 4.8 million euros and is covered by the Energy Transition Fund.
The plan for changes in electricity and tariffs
According to OT sources, already the Minister of Environment and Energy Theodoros Skylakakis and the Deputy Minister Alexandra Sdoukou are putting parts of the plan on the table during their meetings with providers and power producers.
The Ministry of Environment and Energy aims for Greece to converge with the EU. and domestic household consumers to lock in fixed or “blue” electricity tariffs in order to avoid extreme price swings triggered by energy stock markets and geopolitical tensions.
It is worth noting that in Greece before the energy crisis, out of a total of about 7 million household electricity consumers, only 500,000 to 600,000 were the households that chose fixed electricity tariffs.
The specific products that usually had a contract duration of 12 months were in fact only available to PPC.
In the rest of Europe, such as in Italy or the United Kingdom, the vast majority of households had contracts with fixed electricity tariffs.
The script for layout
The information indicates that the political leadership of the Ministry of Environment and Energy is even considering the legislative scenario of moving household consumers to fixed or “blue” electricity tariffs.
Which, of course, goes against European free market legislation.
However, the trick… considered by the leadership of the ministry is a few weeks before the end of the special or green tariffs to allow the providers to put the dilemma to the residential consumers who have contracts with such products: “Either optional in floating (yellow) and fixed ( blue) electricity tariffs or mandatory on fixed (blue) electricity tariffs’.
Be that as it may, market sources show the leadership of the Ministry of Environment and Energy to be still thinking about the changes it wants to implement.
In the thoughts of Skylakakis and Sdoukos, sources tell OT, the possibility of an extension of the special or “green” electricity tariffs, beyond 2024, is not ruled out, until the final decisions are made.
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