Electricity pricing

"Green" residential electricity tariffs are reduced by 6-17% in October, while two suppliers (Heron and Protergia) have kept the prices stable for the fourth month in a row.

The prices range from 13.974 to 18.558 cents per kilowatt hour, while 12.062 cents is the charge for PPC's night tariff.

As power suppliers prepare to present on Tuesday their October tariffs, Kathimerini reveals that every other euro consumers pay to electricity companies goes to third parties for a host of other fees and charges.

Down nearly 9% is the average megawatt-hour price for September, showing signs of easing after a quarter of strong price increases that forced the government to pull subsidies for electricity out of the drawer.

There are ominous signs about megawatt-hour rate hikes for electricity in the evenings, which have continued for a third consecutive month in September, revealing that the high wholesale electricity prices of the previous two months in Greece and across Southeast Europe was not a temporary phenomenon.

The subsidy on household electricity tariffs has been set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Thodoros Skylakakis said in an interview with Mega TV on Tuesday.

This way, he said, the retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

The subsidy on household electricity tariffs was set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Theodoros Skylakakis said on Tuesday.

The retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

Retail electricity prices are down slightly from August and the subsidy will be 1.4 cents per kilowatt hour.

As a reminder, prices in the September “green” electricity tariffs were announced by suppliers in the early hours of Sunday morning.

To put out the fires lit by the heatwave and July’s wide fluctuations in the wholesale price of current for a fortnight, the government has succeeded in keeping the electricity kilowatt-hour below 15 cents with the support of power generators and the big discounts offered by the PPC.

Strong winds across the Scandinavian peninsula will make electricity essentially free for some consumers for a short period this weekend.

More than 80% of households will pay around €0.15 per kilowatt-hour in their electricity bills, after the subsidies announced Thursday by the minister of environment and energy. Energy providers have agreed to absorb most of the rising energy costs.