Electricity bills: Last time with subsidized tariffs

Electricity bills: Last time with subsidized tariffs
Electricity bills: Last time with subsidized tariffs

The last month will be December in which the government through the Energy Transition Fund will subsidize household electricity bills.

Starting today at midnight and gradually until the dawn of Tuesday, November 21, the providers will post on their websites the tariffs that will run for the next month. And specifically they will concern December.

The bracket of subsidies

The providers will be the last time to announce the competitive charges ten days before they come into effect, while the state will also announce the tariff increase for the last time.

The bracket of subsidies, which started from August 2022 in order to deal with the energy crisis, is closing.

And the curtain is reportedly falling with providers pushing ahead with small reductions in December household tariffs compared to November.

What will be true in 2024

Now from January 1, 2024, the adjustment clauses are unfrozen (they will be replaced with other mathematical formulas), the fixed charges are freed and, as mentioned above, the electricity bill subsidies are abolished.

The Ministry of Environment and Energy puts into effect the so-called colored tariffs.

The colored invoices

These are four categories of tariffs that will stand out based on their color, so that it is easier for household consumers to choose.

These are the:

  • Steady. These are fixed-term invoices, with a fixed billing price for the entire period of the contract.
  • Fluctuating. They are the tariffs, which are linked to the wholesale price on the Energy Exchange. These are divided into two main categories:
  1. by setting a price in advance of the consumption period and
  2. with post-fixing of price.
  • Dynamically. Those that concern the possibility of dynamic pricing, with different prices – even during the day – based on market prices. A condition for the selection of these tariffs is the operation of a smart telemetered meter in the supply of consumers.
  • Special. Its special feature is that its structure will be simple and common, allowing comparability for all suppliers. All consumers will switch to this on January 1, 2024, who will not have chosen – within 2023 – a specific type of tariff for their switch on January 1, 2024. This special tariff, which will be available from each supplier, will be uniform for all suppliers.

For the convenience of the consumer, the invoices were associated with a color. In blue the fixed, in yellow the floating, in orange the dynamic and in green the special tariff.

The green invoice

The main advantage of the green tariff, according to the Ministry of Environment and Energy, is that it facilitates, for the first time, the comparison of prices between suppliers and the transparent and simplified information of consumers on the prices of suppliers. On the 1st of each month, the billing price will be announced on the respective supplier’s website and will be communicated to RAAEF. The consumer will know, at the beginning of the month, what he pays to the electricity supplier for the following month and, most importantly, what prices are offered by all other suppliers.

The consumer will see a price every 1st of the month, which will be “locked” for the entire duration of the month.

Free transition

With the new invoicing system, the consumer can choose any offered tariff at any time by signing a new contract with the supplier of his choice.

The only exception is fixed tariffs, which by their nature have long-term contracts.

The change of supplier or supply invoice, that is, takes place at any time and does not entail the right to compensation of the supplier due to the early departure of the customer, except in cases of termination of a fixed price invoice contract.

Source: OT

The article is in Greek

Tags: Electricity bills time subsidized tariffs


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