PPC unpaid receivables down €100m in ’21, support a priority

Power utility PPC’s forthcoming financial results for 2021 will include a 100 million-euro reduction of unpaid receivables, compared to the previous year, according to energypress sources. The reduction concerns older overdue amounts, the sources added.

Despite this improvement in 2021, the ongoing energy crisis, which emerged late last year, in September, will make the current year challenging for energy consumers if price levels remain high.

PPC intends to place great attention to customer support in 2022, including maintenance of its discount policy, to help consumers overcome extremely higher electricity prices, company officials have stressed.

Consumers have been under increased pressure to meet the demands of energy bills since the outbreak of the energy crisis last September.

Unlike its rivals, PPC also offers discounts for monthly electricity consumption levels in excess of 300 kWh.