Main power utility PPC, the dominant retail player and trend setter, has announced a virtually unchanged nominal tariff for March, for monthly consumption of up to 500 KWh, at 19.5 cents per KWh, marginally below the company’s tariff of 19.9 cents offered for February.
PPC’s nominal tariff – the price offered ahead of state subsidy-related reductions – for consumers using over 500 KWh in a month was set at 20.7 cents per KWh.
Based on a new market rule intended to keep electricity prices competitive, suppliers are required to announce their tariffs for each forthcoming month on the 20th of every preceding month.
Protergia announced a tariff level of 18.8 cents per KWh for March, if taking into account a payment punctuality discount included in its MVP Reward package, which, if not taken advantage of by customers, results in a tariff level of 24.8 cents per KWh.
Elpedison set a nominal tariff of 14.5 cents per KWh for its Elpedison Economy package as well as a tariff of 20.27 cents per KWh, following a punctuality discount, for its Elpedison Synepia program.
Heron announced a tariff level of 20.4 cents per KWh, including a 20 percent payment punctuality discount, as part of its Generous Home package.
NRG’s rate for March was set at 16.9 cents per KWh, including a punctuality discount; Volton set a price of 18.9 cents per KWh, taking into account a punctuality discount; Fysiko Aerio Attikis announced a punctuality-discounted rate of 18.5 cents per KWh; Volterra’s rate is 21.4 cents per KWh; Watt+Volt announced a price of 24.5 cents per KWh; and Zenith’s rate for March is 14 cents per KWh.
The government’s anticipated state subsidy offer, maintained amid the energy crisis to subdue electricity prices, is expected to bring down finalized March tariffs to levels of between 14 and 16 cents per KWh. This year is an election year in Greece.