The new electricity tariffs will be valid from 1.1.2024 in order to provide transparent and simplified information, for the benefit of consumers, about the prices of providers.

“For the first time, every consumer will know exactly what he is paying the electricity provider and what type of tariff he is on, as color marking is introduced for each type of tariff (blue for fixed, green for special tariff, yellow for variable and orange for dynamic ).

We are introducing a uniform marking on the electricity tariffs of all companies, with the aim of making it easier for consumers to choose based on their needs. Our priority is the interest of the consumer” says the Ministry of Environment and Energy, releasing a new video in which the following is underlined:

“The energy market seems complicated and difficult. We know . We are simplifying it and introducing a uniform marking for the electricity tariffs of all companies.

Green: New special tariff. You can easily compare and know the cheapest provider

Blue : Fixed tariffs

Yellow: Floating tariffs

Orange : Dynamic invoices

You compare and choose based on prices and your needs. Our priority is the interest of the consumer”.

What each term means

Steady (blue) are fixed-term invoices, with a fixed billing price for the entire contract period.
Floating (yellow), are the tariffs, which are linked to the wholesale price on the Energy Exchange. These are divided into two main categories: i. by setting a price in advance of the consumption period and ii. with post-fixing of price.
Power (orange), which concern the possibility of dynamic pricing, with different prices – even during the day – based on market prices. A condition for the selection of these tariffs is the operation of a smart telemetered meter in the supply of consumers.

What is a green tariff?

The special green marked tariff has common features for all providers. Its main advantages are that the final price will be known on the 1st day every month consumption, and that it will make it easier for consumers to compare prices between providers, thus enabling the consumer to make the most advantageous choice.

Along with the special, green, tariff, the targeted ones will continue in 2024 subsidies in the electricity bills of Socially Vulnerable consumers, i.e. beneficiaries of the Social Household Tariff (CTO), with the aim of our fellow citizens, who are in greatest need, enjoying affordable electricity prices, at pre-energy crisis levels.

Will the price within the month change on the green invoice?

No, the consumer will see a price every 1st of the month, which will be “locked in” for the entire month.

Can the consumer choose another tariff than the one he has?

Yes, the consumer has the possibility at any time to choose any offered tariff by signing a new contract with the provider of his choice. The only exception is fixed tariffs, which by their nature have long-term contracts. The change of provider or supply invoice, that is, is done at any time and does not entail the right to compensation of the provider due to the premature departure of the customer, except in cases of termination of a fixed price invoice contract.

Should I switch providers every month to find the cheapest one?

You have the right to do so. In the green tariff, you keep track of which provider is the cheapest each month, and if you’re not happy one month or after a few months with the provider’s prices, you can always switch. It is reasonable for the consumer not to enter the process, because it is an inconvenience, to change providers for a difference of 1-2 euros per month. It is also logical that if he sees that someone is systematically expensive, he leaves him and goes to someone who is systematically cheaper.

Why can’t I, who has a fixed blue tariff with a specific provider, compare prices with other providers?

Unlike the one special (green) invoice per provider, in the remaining tariff categories, providers can provide more than one invoice in each category, connected, several times, either to services or to other products or to a combination of them. In addition, the amount of the fixed amount can differ, significantly, per provider, which reduces the degree of comparability of the offered energy prices. For these reasons, the establishment of the green tariff makes it more direct, easy and transparent to compare the tariffs of different providers.

Will a price verification and comparison tool be available?

In electricity bills (electronic and printed) and in other messages and e-mails that providers will send to consumers, there will now also be a QR code (scanned and read via a smart phone) and a link, which will refer to the website publication of the price comparison tool of the Waste, Energy and Water Regulatory Authority (RAAEF). There, consumers will be able to be informed, every month, of the price of their provider’s special, common tariff and compare it with all the tariffs offered.