RAE ‘not referring to EDA THESS’ when raising need for closer monitoring

Gas distributor EDA THESS is definitely not one of the sector’s companies the RAE (Regulatory Authority for Energy) chief was referring to when stating that the Greek energy market’s gas and electricity operators require closer monitoring so that consumers can benefit from lower surcharges and improved services, EDA THESS General Manager Leonidas Bakouras has stressed in a swift response to remarks by RAE chief executive Thanassis Dagoumas.

The regulatory authority’s plan includes commissioning certified auditors to inspect the financial data of market operators.

In a written statement, the EDA THESS general manager noted that, through efficient technical and financial management of the distribution networks in the Thessaloniki and Thessaly areas, the company has achieved Greece’s lowest distribution surcharges, since the end of 2016, while distribution surcharge reductions in Thessaloniki and Thessaly for 2021 are at 15 and 22 percent, respectively, compared to 2020.

Distribution surcharge reductions in 2021 for Thessaloniki and Thessaly industrial consumers are even greater, down 45 and 56 percent, respectively, proving that EDA THESS is already contributing to minimizing costs for consumers, Bakouras added.