Roughly one in three Greeks failed to pay their electricity bills in 2024, according to the 2024 annual report by the Regulatory Authority for Energy, Waste and Water (RAAEY). The report revealed that the aggregate sum of these arrears amounted to €3.2 billion in 2024 from 2,593,285 electricity meters, meaning 32 percent of consumers—roughly one […]

Prices appear to be easing in March, with the current average at 89.47 euros per MWh, indicating a downward trend expected to continue.

“When prices exceed a certain threshold, we intervene,” said Skylakakis

PPC has absorbed significant increases with a 68% discount on the base supply price.

In terms of the megawatt price and on a regional basis, the average rate in Hungary was 306 euros per MW on Tuesday; Romania and Bulgaria 268 euros and 202.22 euros for Greece

The electricity provider Protergia has already announced a reduction in its green tariff to 14.9 cents.

Cheaper electricity in Greece will be available from 10 a.m. to 3 p.m. and on weekends, possibly starting in 2025, when Greece changes its Time-of-Use pricing policy.