Politics

SKAI for electricity: Households can not wait for European decisions

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The plan to reduce its price electricitythe government is preparing to daily meetings such as the one that took place yesterday at the Maximos Palace and as stated by Minister of Energy Costas Skrekas on SKAI 100.3 radio, the announcements will be made by the prime minister when everything is ready.

Mr. Skrekas stressed that households and businesses can not wait for European decisions so meetings are held daily to address the issue.

The Minister described as very good the work done by the Energy Regulatory Authority and reiterated that as the Prime Minister has stated, any profits generated by the providers will be immediately returned to consumers.

According to information from SKAI, as most likely choice The intervention in the wholesale electricity market until the end of the year with the prospect of extension and for the first half of 2023 with the budget cost estimated at 5 billion euros.

Alongside the existing subsidy will be continued in electricity bills with the aim of bringing the final household bill to 2020 levels.

According to information, the subsidy rate will be a little lower because the prices of production costs in April were lower.

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