European natural gas prices have reached their highest level in nearly four years, driving up Greece's wholesale electricity costs ahead of November's household tariff announcements
Heating oil could open the season at up to €1.97 per liter, while natural gas remains about 46% to 47% cheaper for heating. Electricity prices are also rising, with the government preparing measures to ease household costs
Greek wholesale day-ahead electricity prices rose 21.66% to €213.62/MWh on Friday, Sept. 25, as renewables led the energy mix with a 42.74% share.
Colder weather and higher energy costs are boosting firewood purchases, pushing prices up across Attica and northern Greece
PASOK's energy team slams PM Mitsotakis for staying silent on the 20% hike in DEI's variable green electricity tariff
Electricity prices rise for a fourth straight month, raising concerns over autumn energy costs as suppliers absorb part of the increases and new measures loom.
Day-ahead electricity prices reached €173.73 per megawatt-hour as extreme weather, strong cooling demand and weak winds push up costs, while the government considers subsidies, electricity passes and fixed-rate tariffs
Rising fuel and energy costs are putting additional pressure on household budgets in Greece, with industry representatives warning that electricity bills are expected to increase in August
Alpha Bank highlights the strategic role of regional energy routes as Europe faces supply risks, low gas reserves and mounting pressure to diversify away from vulnerable transit chokepoints
Households are expected to face higher power prices in April as wholesale electricity costs climb, driven by global energy tensions, though suppliers plan partial offsets to ease the impact
A tense parliamentary exchange over electricity costs and energy security exposed sharp disagreements over Greece’s green transition, market structure and the broader economic reality facing households.
New electricity interconnectors between mainland Greece and dozens of islands are expected to slash power-related charges, prevent fuel-driven bill hikes and deliver billions in consumer relief through 2034
Although the wholesale electricity price on the energy exchange eased slightly in Jan. — falling to 108.67 euros per megawatt-hour from 110.04 euros in Dec. — most suppliers kept their green tariff charges stable.
As energy bills strain households and businesses, Greece’s energy communities reveal a split reality: ambitious collective initiatives promise relief, while regulatory hurdles, grid limits, and stalled projects expose the fragility of the model.
The new contract is issued electronically and can be signed digitally.
Among PPC’s Dec. offerings, a standout is the new fixed “blue” myHome Plan, launched with a 100 euros promotional bonus.
Over 15,500 cases of illegal electricity use have been detected across Greece this year, with Ikaria, Mykonos, and Rhodes showing the highest rates, prompting stricter fines and enhanced monitoring
Like the existing “blue” fixed-rate tariffs, the upcoming “red” tariffs are expected to remain an attractive refuge for households unsettled by the sharp swings in wholesale electricity prices over the past three months.
From November 1, consumers can access lower electricity rates during off-peak hours under the seasonal dual-rate system, which will remain in effect until March 31, 2026
Electricity prices in Greece have jumped sharply for a third consecutive month, with average wholesale costs rising more than 50% since August due to calm weather, reduced wind power, and increased reliance on costly natural gas units.