At 7 a.m. expires reduced night electricity tariffwhich applies to those who have a night meter and a corresponding contract with their supplier.

So instead of encouraging consumption during times of energy oversupply and low prices, the reverse is true: the low price incentive is removed precisely at the times when PV oversupply begins.

Conversely, the incentive of the low consumer price is activated in the evening at times when the price of electricity in the daily market of the Stock Exchange is many times higher than at noon.

It attempts to restore this imbalance Ministry of Environment and Energy with an intervention that will activate a low-charge zone in the midday hours, which is expected to be implemented in the fall.

The application of the “night” tariff during the day is not unprecedented and with the current regime there is a two hour low charge but… only in winter. Specifically, with the current framework, the low-charge zones are:

– For the summer season (1 May to 31 October): 23:00-07:00

– For the winter season (1 November to 30 April):

  • 02:00-08:00 and 15:00-17:00 for customers connected to the Network of the Mainland and its interconnected islands
  • 02:00-08:00 and 15:30-17:30 for non-interconnected islands customers with divisional hours.

There is also the category of old customers (before 1988) who have continuous hours all year round. They can switch to the segmental, if they ask for it, but they cannot, if they change their mind, go back to the continuous.

The benefit with the new framework for night-metered consumers is that they will be able to transfer at least part of their consumption (eg washing machines, kitchens) to a low-charge zone during the day. According to the relevant data, the benefits with a “night” meter range at 1.5 million (there are also 300,000 inactive benefits) which correspond to 10% of the total demand.

The dynamic tariffs aimed at those who have a “smart” consumption meter are expected to be applied earlier. It is the category that gathers the most economic interest as it corresponds to 40% of the demand at low and medium voltage because it also includes large companies. The difference between the “smart” and the “night” meter is that it has the possibility of applying multiple tariffs during the 24 hours (e.g. it will be able to follow the fluctuation of prices in the daily market) while with the “night” meter only two charging zones. The installation of smart meters will be gradually extended to all consumers, so everyone will be able to choose the dynamic tariff.