Electricity consumption increased in 2024, according to the annual report of the Waste, Energy and Water Regulatory Authority (RAAE) for the retail electricity market last year.

Even greater, however unpaid accounts Existing and old customers reaching € 3.4 billion.

Specifically, according to RAAEV data, arrears of existing customers reached € 1.74 billion, which added to the debts of old customers of € 1.65 billion, raise the total amount of one debt of € 3.4 billion.

In terms of electricity consumption in 2024, presented increase by 9.25% in relation to 2023 levels in the country’s interconnected system, rising to 47.571 GWH versus 43,544 GWh.

Regarding the activity of supplying electricity to the interconnected system, according to Raev, in 2024 the competition was maintained at about the same levels as 2023, with no significant problems that affected the proper representation of electricity customers.

In particular, in 2024 there were no new entrants in the field of electricity supply, while a total of 17 suppliers were active in the retail electricity market of the interconnected system.

PPC remained and in 2024 the dominant supplier In the retail electricity market, although a slight reduction in its market share compared to 2023, representing 70.93 % of the total number of benefits in the HT and MT of the interconnected system (compared to 71.61 % in 2023) and 55.63 % of total consumption (54.93 %).

In terms of invoices, RAAEI notes that the color code was massively accepted by both electricity suppliers and consumer public, while the Authority as a guardian of compliance with the relevant arrangements found significant enhancement of transparency in the market for supply.

See the entire RAAE report here.