PPC requested to improve CO2 surcharge transparency

RAE, the Regulatory Authority for Energy, has requested greater billing details from the power utility PPC on its CO2 emission surcharges for medium and high-voltage consumers.

RAE president Nikos Boulaxis informed PPC’s chief executive Manolis Panagiotakis of the authority’s transparency request in writing several days ago.

This had been preceded by complaints from EVIKEN, the Association of Industrial Energy Consumers, on the CO2 emissions formula applied by PPC for medium and high-voltage consumers.

The lack of billing information does not ensure transparency for industrial consumers, EVIKEN had noted in a letter forwarded to RAE in February, while urging the authority to intervene.