Greece shifting to fixed electricity rates

Greece is moving away from mandatory green electricity tariffs toward fixed-rate plans as energy suppliers adapt to regulatory changes set for 2025. The government announced that green tariffs, which simplify price comparisons for consumers, will no longer be compulsory for new customers starting January 1, 2025.

However, existing customers will retain their green tariffs indefinitely if they choose to renew. Energy Minister Thodoros Skylakakis emphasized that suppliers must continue offering green tariffs to existing clients, ensuring that approximately 4 to 4.5 million consumers have access to this option.

The government is also mandating a minimum duration of 12 months for fixed-rate contracts to account for seasonal price fluctuations, thus providing better consumer protection.

Skylakakis raised concerns about the rising popularity of six-month fixed...