Public service compensation (YKO) account surplus money will be added to the sources being used by the government to fund electricity and natural gas subsidies offered to consumers as energy-crisis support.

The government has decided to transfer 200 million euros from the public service compensation account to the Energy Transition Fund, providing the subsidy money.

The public service compensation account’s surplus resulted from savings made possible by recent island grid interconnection launches.

Surplus money from the RES special account and CO2 emission revenues have also been used by the government to fund its subsidy support offered to consumers.

The public service compensation (YKO) account ended 2021 with a 105 million-euro surplus, despite struggling with a 150 million-euro deficit mid-way through the year, Athanasios Dagoumas, president of RAE, the Regulatory Authority for Energy, informed earlier this year.