Circles of the electricity market estimate that the intervention of the Ministry of the Interior will lead providers to adjust tariffs upwards, in order to limit the risk.
Suppliers with a fixed amount of more than 5 euros, as well as those who provide discounts based on the reduction of the wholesale price, are obliged until August 1st to update their invoices, after the imposition ceiling to the fixed charges brought about by the legal and technical improvement of the Ministry of Environment and Energy which was voted by the Parliament.
Circles of the electricity market estimate that the intervention of the Ministry of the Interior will lead providers to adjust tariffs upwards, in order to limit the risk.
According to Chrysa Lianggou’s report on Dailythe companies that announced tariffs with increased or scaled fixed rates according to consumption are Heron, Watt+Volt and Volton, which according to information would revise upward the unit kilowatt-hour charges announced last Monday.
Elpedison, which has announced tariffs with discounts linked to the downward adjustment of the wholesale price from the forecast of 748 euros/MWh, is still looking for ways to legally refund money to its customers (rebates).
According to company circles, the megawatt-hour billing price of 939 euros resulting from the wholesale cost, as it has been calculated, will not change.
“We cannot take such a risk with the course the prices have taken. But the consumer is not going to pay this price either. We are looking for a technical, legal way to provide our customers with discounts,” Elpedison circles emphasize.
The issue of the course of prices is of concern to all suppliers, with some of them indeed seeing the intervention of the Ministry of Finance for fixed assets as an opportunity to readjust the tariffs upwards in order to limit the risk.
“We determined that suppliers must declare the net price of electricity. We finally saw that some suppliers, while setting a net price, over-multiplied the fixed charges. That is why today we are introducing an amendment and imposing on suppliers a maximum ceiling of 5 euros for fixed charges. The monthly fee, the upper ceiling they can have is 5 euros. This is how we limit from 15 and 20 euros – some others had higher fixed charges in proportion to consumption, which is not correct – and this is how we limit them by putting a ceiling”, said Minister Kostas Skrekas, announcing the new intervention in the Parliament.
Earlier, Prime Minister Kyriakos Mitsotakis himself had made a related announcement of the legislative intervention during his presentation to the cabinet: “With a legislative provision that the Minister of Energy will bring to Parliament today, any windows for possible circumvention regarding the charges will be closed in fixed assets and games at the expense of consumers,” he said. The Prime Minister also referred to the exemptions received by Greece in the recent Council of Ministers regarding the saving measures for natural gas, commenting that a common response to the energy crisis facing Europe is required.
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