Electricity prices for the residential consumer in 2024 are lower than in 2023
The Ministry of Environment and Energy announces, today, Friday, December 6, 2024, the amount of the extraordinary support to the accounts electricity concerning in December consumptions.
In particular, the aid for electricity in household tariffs and for all main and non-main residence services, without income criteria and regardless of providerare configured as follows:
- For monthly consumptions up to 500kWhthe subsidy is set at €15/MWh or 1.5 min/kWh. This category occupies 90% of households in Greece.
It is noted that the subsidies concern consumers who are contracted to variable electricity tariffs. - In the households where they are included in the Social Household Tariff (COT)the subsidy amounts to €35/MWh or 3.5 cents/kWh for the total consumption.
The total cost of the aid for December amounts to 20.5 million. euros and is covered by the Energy Transition Fund.
It is pointed out that the weighted average price of the “green tariff” for the 3 largest suppliers in Low Voltage market share (above 80% of household consumption), including the December subsidy, amounts to €141.7/MWh or 14.17 cents/kWh.
In any case, it is reminded that electricity prices for the domestic consumer in 2024 are lower than in 2023.
