Gas distributor EDA Attiki’s request for the inclusion of subsidies supporting heating installation systems by residential consumers in the company’s new five-year development plan covering 2023 to 2027 has been rejected by RΑΑΕΥ, the Regulatory Authority for Waste, Energy and Water.

The gas company’s proposal has not been accepted so that energy market distortions through subsidy support for specific heating systems could be prevented, the authority noted.

Though a subsidy support measure had been approved by RAAEY for the gas distributor’s previous five-year development plan covering 2022 to 2026, the authority had noted a limited amount would only apply for 2022.

A total of 92,463 new connection agreements are expected to be established through EDA Attiki’s latest five-year development program, budgeted at 140.95 million euros.

Besides new connection agreements, this budget includes investments in medium and low-pressure network reinforcements, upgrade projects, low-pressure network development, and replacement of conventional meters with smart metering systems.