Gas distributor EDA THESS, covering the Thessaloniki and Thessaly regions, has, besides boosting its total revenue, managed to reduce distribution costs shared by consumers as a result of the company’s swift and well-planned distribution network expansion.
The gas distributor’s household, business and industrial consumers in Thessaloniki and Thessaly are now benefitting from significant distribution cost reductions that have reached as much as 56 percent, as the network expansion is enabling EDA THESS to impose smaller distribution charges on an increased number of consumers.
Since January 1, the company’s distribution costs dropped a further 14.8 percent in Thessaloniki and 21.9 percent in Thessaly, compared to the previous regulatory period.
The company’s industrial consumers have benefited most as their distribution costs have fallen by 45 percent in Thessaloniki and 56 percent in Thessaly, compared to distribution costs up until November, 2020.
“Our job is to distribute gas to as many regions as possible and broaden its use as much as possible,” EDA THESS general manager Leonidas Bakouras told energypress in response to a related question.
Looking ahead to further expansion, EDA THESS has begun implementing a new development plan for 2021 to 2025, estimated to be worth 156 million euros.
SBE, the Federation of Industries of Greece, in a related statement, welcomed this considerable distribution cost reduction.