Energy saving in the public sector: New measures and penalties – At 10 the announcements

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Subsidizing electricity bills for households and businesses is highly doubtful, however, that it will be done in the same way as it is now.

By Chrysostomos Tsoufis

In parallel with the formation of the European response to energy precision (in a few hours the technical levels of the energy ministries of the Eurozone member states are meeting and will deliver their conclusions to the energy ministers for Friday’s meeting) and in fact in conditions of a closed tap, its own strategy is formed in view of the TIF and the Greek government.

At the center of its strategy the government puts saving energy. At 10.00, Messrs. Skrekas and Borides I will announce additional savings measures in the State, as the first “batch” does not seem to …walk. Penalties may even be announced – such as a ban on taking on extra staff – for public bodies who are still deaf beyond being excluded from extra grants ahead of winter which means some may not even be able to pay their bills.

In addition, the Ministry of Labor is preparing information campaign of the public with smart ways to reduce consumption and therefore costs with the relevant announcements to be expected after TIF. After all, energy minister Kostas Skrekas has already met with energy industrialists asking them to prepare plans to reduce natural gas consumption by 15%, which they will implement if necessary.

At the same time, the subsidizing electricity bills for households and businesses, however, it is extremely doubtful that it will be done in the same way as it is now. That is, horizontally, without income criteria and not only for the first but also for the second and third residence. Here the government will wait to see where Europe will go in order to adapt the changes that need to be made. With the current regime, of the €1.9 billion in subsidies for September, €650 million comes from the state budget and this cannot be sustainable in the long run. The new subsidy model is expected to be based on consumption so that it indirectly also constitutes an incentive to save.

There will be special care for the households that use it natural gas and electricity to warm up with a grid of subsidies and incentives to save or switch to oil-oriented fuel that as things stand, is about 6 times cheaper. Among the Prime Minister’s announcements at the TIF will be the increase in the heating allowance – which concerns all forms of heating and not just oil – and possibly the expansion of the beneficiaries’ perimeter.

At Tuesday’s meeting under the Prime Minister no power supply problem detected. After all, the country is supplied with Russian natural gas through Turkstream, while there is currently a sufficient supply of LNG cargoes. If this pipeline closes too, then things change…

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