Electric power distribution

Dues totaling 1.5 billion euros are what consumers changing providers have left in the electricity market. The largest percentage corresponds to unpaid debts of consumers who abuse the right to free movement provided for in the Electricity Supply Code.

Employers' organizations in Bulgaria are urging the government to extend the compensation program for high electricity prices into 2025. In a recent letter, they highlighted the sharp increase in electricity prices, with November's price on the energy exchange reaching 328.09 leva/MWh, making it the second highest in the EU, just 28 cents below Romania's rate.

Minister of Environment and Energy Thodoros Skylakakis stressed on Friday that in early December the government will announce the interventions to minimize the impact on consumers from the crisis in the electricity market in Southeastern Europe.

Everyone supports the common market but with 26 different policies, Greek Prime Minister Kyriakos Mitsotakis said at the UN Climate Change Conference (COP29) in Baku last week, capturing the essence of what is happening in the European Union electricity market.

Mobile alerts via SMS or Viber will be sent to consumers with smart meters when the price of electricity in the next day’s wholesale market is about to exceed 200 euros a megawatt hour.

In an effort to protect consumers from soaring energy costs, Greece's Regulatory Authority for Energy (RAAEY) has announced a new initiative aimed at providing timely notifications regarding fluctuations in electricity prices. 

The reduced-rate off-peak electricity tariff is to switch to a winter schedule as of Friday, the Hellenic Electricity Distribution Network Operator (DEDDIE) announced on Thursday.

A different landscape in the color layout of electricity charges, with additions and subtractions to tariffs, as well as radical changes to the zone of cheap electricity and everyday habits, is planned by the government from the beginning of the year. The changes make green tariffs optional and emphasize fixed tariffs that offer pricing certainty without surprises.

The wholesale electricity market is sending signals of stabilization or even a slight reduction for October's floating rates.

Down nearly 9% is the average megawatt-hour price for September, showing signs of easing after a quarter of strong price increases that forced the government to pull subsidies for electricity out of the drawer.