New green tariffs set to be introduced January 1, when universal subsidies for electricity bills will be lifted, are at normal price levels, tariff announcements made by suppliers on Friday have indicated.

However, unfavorable price developments in international markets would push up these price levels along with Greece’s day-ahead market price levels.

Given Friday’s announcements by electricity suppliers, new green tariffs would, in most cases, be lower than their basic products offered in December, if Νovember’s market clearing price of 105.4 euros per MWh were to remain unchanged, energypress research on the new green tariffs has shown.

Electricity retailers have warned green tariffs will likely cost more than variable tariffs, categorized as “yellow” tariffs, and are already encouraging customers to choose variable tariffs as a lower-cost option.

The new green tariff will be introduced January 1 and be implemented automatically, for all consumers, unless they formally object and choose the variable yellow tariffs.