The payment of compensations will take place in the first 15 days of July and will start at 18 euros and will amount to 600 euros.
Next time Thursday 16 June The online platform for submitting claims for compensation from the additional charges is expected to open in electricity.
However, as stated by the Deputy Minister of Finance, Theodoros Skylakakis, an effort is being made for the platform to open one day earlier, ie on Wednesday, June 15th. According to what is provided in the relevant Government Gazette, the platform will remain open until the last day of June.
The payment of the amounts will take place in the first 15 days of July.
Compensation for Power Pass will start from 18 euros and will amount to 600 euros, per meter which is the upper limit and will apply to those accounts that have been issued from December 1, 2021 until May 31, 2022.
THE compensation is paid for 60% of the additional charges, after deducting from them the subsidies of the state and possibly of the providers up to the amount of 600 euros.
Let’s look at some illustrative examples:
1. If someone has additional charges, after deducting the subsidies for this period, amounting to a total of 600 euros, he will receive compensation of 360 euros.
2. If the additional charges amount to 800 euros, the compensation will be set at 480 euros.
3. If the extra charges are 1,000 euros, the compensation will be 600 euros, while if
4. The charges are from 1,000 euros and above and again the compensation will be 600 euros.
Here are some useful information about Power Pass:
• Who are the beneficiaries: Beneficiaries of the aid are household electricity consumers, which are contracted to floating electricity supply tariffs that are adjusted based on the wholesale electricity purchase price. The aid concerns the consumption account of the main residence of the beneficiaries, as well as the rented residence of their children who are studying.
• Financial aid: To receive the financial support, each power supply number, for each month, is declared by only one beneficiary. In case a power supply number for a month is declared by two or more beneficiaries, the procedure of distribution of the aid per beneficiary is followed.
• Amount of compensation: The amount of aid per electricity bill is calculated at 60% of the positive balance resulting from the deduction from the amount of the bill adjustment clause and the deduction amounts.
• Exceptions: In case the account does not concern a floating invoice the applicant is not entitled to receive aid. Also, in case the account does not concern home provision, the applicant is not entitled to receive aid.
• Calculation: For floating invoices, which do not indicate separately in their charges the amount corresponding to the adjustment clause, this is calculated implicitly by the energy supplier (the amount resulting from the deduction from the amount of energy supply charge based on consumption, imputed amount). energy for which the price of EUR 120 per MWh is taken into account).
• Discounts: Discounts granted by electricity suppliers include any form of discount, the amount of which depends on the energy consumption of the bill. Fixed amount discounts that are not calculated on the energy consumed are excluded.
• Aid amounts: The financial aid is granted to beneficiaries who have been charged with an overall increase in electricity bills issued for an amount of more than 30 euros and can not exceed 600 euros per beneficiary. The amount of financial assistance is tax-free, inalienable and unsecured in the hands of the State or third parties.
• To be credited: The amount of financial assistance is credited to the beneficiary’s bank account stated in the application.
• False information: In the event that during the audit of the applicant by the tax administration or other competent control body, it is found that false or inaccurate information was submitted in the application for financial assistance, twice the amount of the granted aid is immediately required.
What will happen to the rented residence they are studying
The applicant is required to confirm or update the details of the rented residence of dependent children of the family studying.
Particularly:
1. From the income tax return of the tax year 2021 are obtained the details of the residence concerning rent paid for the residence of children of the studying family, which the applicant is asked to confirm.
2. In case the rented residence of the child has changed during the period 1 December 2021 to 1 May 2022, the beneficiary fills in the corresponding data for the rented residence where the child lived on 1 December 2021, on 1 January 2022, on 1 February 2022, the 1st of March 2022, the 1st of April 2022 and the 1st of May 2022.
3. The change of the data of the rented residence of the child is a responsible declaration to the tax authority and is pre-filled in the data of the tax declaration of the tax year 2022.
More information
The compensation will be received by all natural persons with a net family income of 2020 up to 45,000 euros, for the consumption account of the main residence and the residence of students studying inside, with floating supply invoices, for the period 1.12.2021 – 31.5.2022 .
The grant will be deposited in a bank account of the choice of the beneficiary who will have to submit an application in a special application that will be created in the digital portal gov.gr by the Information Society.
For the payment of the compensation, the income of 2020 declared to the Tax Office in 2021 will be taken into account. In any case, a necessary condition for receiving the financial support is that the beneficiary has submitted a tax return for the income of 2020 until May 1, 2022.
Those who file a tax return for the first time this year should hurry to submit it before submitting the application on the online platform for the grant. For them, the net family income after tax deduction, obtained in 2021, will be taken into account.
For households that have a common clock (eg duplexes) the subsidy will be given to the beneficiary whose VAT number is indicated in the electricity bill. In case the TIN does not belong to any of the beneficiaries, the amount of the subsidy is distributed to the beneficiaries.
The amount of the grant is tax-free, inalienable and unsecured in the hands of the State or third parties, by way of derogation from any general and special provision, are not subject to any withholding, fee or contribution including the special solidarity contribution, is not bound and is not offset the tax administration and the State in general, the municipalities, the regions, the insurance funds, as well as the credit institutions and it is not calculated in the income limits for the payment of any benefit of social or welfare character.
How to apply
To submit the application, the beneficiaries must:
• Log in to the online platform with Taxisnet passwords.
• Confirm or update data on the main residence, electricity consumption meter and co-ownership rate.
• To correct any errors or omissions in the data for their main residence
• Enter their bank account number (IBAN)
• To certify the correctness of the data and to finalize the submission of the application.
Beneficiaries will not enter their electricity billing data which will be transmitted to the platform by the electricity suppliers and power managers.
