Electricity suppliers preparing entry into Crete and Rhodes

Electricity supply companies seeking to capture increased retail market shares in the mainland’s low and medium voltage consumer categories are now planning to extend their campaigns to the non-interconected system’s two biggest islands, Crete and Rhodes.

According to energypress sources, more than three electricity supply companies have already bolstered their respective sales and promotion teams and are providing additional training to personnel and dealers as part of their effort to vye for a share in a market currently covered exclusively by the main power utilty PPC.

Following related decisions made by RAE, the Regulatory Authority for Energy, and HEDNO, the Hellenic Electricity Distribution Network Operator – the operator for the non-interconnected islands – these two islands will operate as independent grids served by their own suppliers, who will be able to purchase electicity from HEDNO and the sell to consumers.

The suppliers are being drawn to the electricity markets of Crete and Rhodes as a result of the large number of high-consuming hotel facilities exisiting on both islands.