Power utility PPC, the country’s dominant supplier and, as a result, price trendsetter, has announced a slightly reduced nominal tariff – without a subsidy deduction – for May, down roughly 3.5 percent to 15.9 cents per KWh from, 16.5 cents per KWh in April, for household monthly usage of up to 500 KWh.
By law, introduced last summer, all suppliers are required to announce their nominal tariffs for each forthcoming month by the 20th of each preceding month.
PPC set its nominal tariff for monthly electricity usage over 500 KWh at 17.1 cents per KWh from 17.7 cents in April.
Elpedison announced a nominal tariff of 12.5 cents per KWh for its Elpedison Economy package and a rate of 21.50 cents per KWh for its ElectricityHome Day package.
Heron set a nominal tariff of 19.40 cents per KWh for its Generous Home offer, which, when factoring in a punctuality discount, works out to 15.52 cents per KWh. Heron announced a nominal tariff of 14.2 cents per KWh for its Simply Generous Home offer, which includes a gift covering 10 percent of electricity usage.
Protergia announced a nominal tariff of 19 cents per KWh for its residential MVP Reward package, unchanged from its level set for April. Factoring in a punctuality discount offered by the company, this tariff level drops to 13 cents per KWh. Protergia has also launched a Protergia Home Value offer, priced at 13 cents per KWh for May. This offer does not include a punctuality discount.
Elsewhere, Volterra announced a nominal tariff of 18.8 cents per KWh for May; Volton set a price of 9.9 cents per KWh, including a punctuality discount, or 13.2 cents per KWh without; Zenith set a rate of 11.5 cents per KWh for its Power Home Now package; Watt+Volt announced a rate of 13.96 cents per KWh; Fysiko Aerio set a rate of 13 cents per KWh, unchanged from April and down to 10 cents per KWh when taking into account a discount for punctual electricity bill payments; and Elin announced a price of 13.9 cents per KWh for its Power On! Home Comfort package.
The energy ministry is expected, next week, to announce its subsidy support level for May. If this support amount is unchanged compared to the previous month, finalized residential retail tariffs will be slightly lower in May.