December 9, 2024

Valley Post

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Big buck against the tide

Big buck against the tide

some “yellow” Invoices electrical present Those with a price of less than 14 cents/kWh will be excluded from the August electricity bill support, the Ministry of Energy and Environment announced.

In particular, and according to the decision of the Ministry of the Interior on this matter, the beneficiaries of the August support, which is set at 1.6 cents/kWh, are those who have a variable tariff price after the application of any reductions for the month of August 2024 that exceeds one hundred and forty euros (€) per megawatt hour (MWh) (€140/MWh), or 14 minutes/kWh.

It is noteworthy that the Ministry of Environment and Energy announced on August 1, 2024, the amount of exceptional support for electricity bills for consumption for the month of August.

Specifically, electricity subsidies are structured at household tariffs and for all main and non-main accommodation services, without income criteria and regardless of the provider, as follows: For monthly consumption up to 500 kWh, subsidies are structured at €16 per megawatt hour. Or 1.6 minutes/kWh. This category occupies 90% of households in Greece.

It is noted that the support concerns consumers who have contracted a variable electricity tariff. For households covered by the social household tariff (COT), the support amounts to 50 euros per megawatt hour or 5 cents per kilowatt hour for total consumption, while the final price after the support will be at the level before the energy crisis.