Both the amount of the natural gas subsidy and the mechanism for its payment are also under discussion.
The measures are in the final stretch of finalization for electricity and natural gas. The technical parameters for the finalization of the package of energy subsidy measures that will be implemented from October are being finalized these days by the co-competent ministries with the aim of being announced perhaps next week.
As the highest sources of the Ministry of Environment and Energy reported on Thursday, the percentage of energy savings has been “locked” (15%) that consumers must achieve in relation to consumption in 2021 in order to secure an additional discount, as well as that all household consumption (not only the first but also the second home) will be subsidized. The levels of electricity consumption in which the new subsidies will be applied are being formulated, as the subsidy for the total consumption that is now in force will cease.
Regarding with the ceiling in the compensation price of the power generation units (it is the Greek model adopted by the Commission), the same sources indicated that the basis remains the Greek plan which in any case provides for a monthly review of the prices collected by the power producers, depending on the fluctuation of the real unit costs.
Both the amount of the natural gas subsidy and the mechanism for its payment are also under discussion. In other words, if there will be a combination of a state subsidy with a discount from DEPA or will a model similar to that applicable in electricity be applied, where all subsidies are provided by the State through the Energy Transition Fund.
The market is also waiting for the government’s decisions on subsidies. Circles of suppliers expressed concern about the possibility of an increase in arrears, while they pointed out the need to implement a system similar to “Teresia” for consumers with debts who move to a new provider.
RES-EMP
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