Electricity tariffs: In 1.5 minutes the subsidy on household bills in December


The height of the emergency subsidy in his accounts electricity concerning December consumptions, announced today (6.12.2024), the Ministry of Environment and Energy.

Specifically, the subsidies for electricity in household tariffs and for all main and non-main residence services, without income criteria and regardless of provider, are structured as follows:

For monthly consumptions up to 500kWh, the subsidy is 15 euros/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 households included in Social Household Tariff (COT), the subsidy amounts to 35 euros/MWh or 3.5 cents/kWh for 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 (over 80% of household consumption), including the December subsidy, amounts to 141.7 euros/MWh or 14.17 cents/kWh.

In any case, it is recalled that electricity prices for the domestic consumer in 2024 are lower than in 2023.



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