Skrekas: Electricity subsidies increased in January

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The subsidies that will be announced will be increased as the goal is for the final consumer price to vary between 15 and 19 cents/KWh.

The announcements of the Minister of Energy Kostas Skrekas about the subsidies on electricity bills in the month of January.

Today’s announcements come after the historic decision of the EU Energy Council on the cap on natural gas, Mr. Skrekas emphasized at the beginning of the announcements.

Europe has proven what solidarity means once again, he added.

Greece and Kyriakos Mitsotakis are leading the way in the EU, he said, recalling the letter the prime minister had sent to von der Leyen about the cap on natural gas.

The total subsidy amount for the month of January amounts to 840 million euros, double that of December.

Household customs

– up to 500 kilowatt hours 330 euros per megawatt hour – For 9 out of 10 households we absorb 87% of the increase

– from 501 to 1000 kilowatt hours 280 euros per megawatt hour

– over 1,001 kilowatt hours at 190 euros per megawatt hour

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