Where power bill money goes

As power suppliers prepare to present on Tuesday their October tariffs, Kathimerini reveals that every other euro consumers pay to electricity companies goes to third parties for a host of other fees and charges.

The wholesale electricity price in September fell to 116 euros per megawatt-hour from €129.83/MWh in August and is expected to drop further in October following the course of demand, which traditionally declines in the fall.

The expectation is, therefore, that the price of the kilowatt-hour in October will decrease, although two large private suppliers that absorbed increases in the previous three months have already announced that they will keep their prices unchanged.

Nevertheless, the price of the KWh, regardless of the tariff, only accounts for 50% of the total electricity bill. The rest concerns taxes and fees, and so-called regulated charges...