Fall close to 10% brings the lowest price power in households invoices For September, as suppliers have already begun their announcements.
The first step was made by Protergia, which reduced its green product by 11.2% to 15.9 minutes per kilowatt hour. Similar levels are expected to find the reductions announced by other companies within the next few days in the invoices of this particular electricity category.
It should be noted that wholesale has a decline of almost 30% in the last month, allowing a significant declining in retail. Thus, a central question is whether the cheapest green and yellow invoices will be able to compete with fixed (blue), which are already under 10 minutes.
By extension, consumer interest is focused on comparing the colors between them, since the green adjustable invoice has been considered unprofitable for some time. It remains to be seen whether the trend will change from now on, or if it continues.
The second question is whether the blue products will retreat from now on, which are shaped on the basis of longer -term factors and not from the development of the last month. In order for the blue to fall, suppliers should discount low electricity prices over time and enough “tranquility” in the domestic and European markets.
The new category of red invoices, which are between stable and fluctuating, will soon be in the game, with the level of consumption playing a role in shaping price.
As recently explained by Vice President of the Energy Regulatory Authority, Dimitris Fourlaris, the new products will offer predetermined prices per scale of consumption (eg a different charge for the first 200 kilowatts, another for the next 400 and so on). Thus, the consumer is aware of the range of billing in advance, but without the “locking” of a single price throughout the contract, as is the case in blue invoices.
The consultation on red invoices is completed on August 31, so that they can enter the market and frame the rest of the colors.