A growing pile of unpaid bills in India’s energy sector is putting the country’s growth at risk, Prime Minister Narendra Modi said, urging states to pay off their arrears to help modernize electricity systems, according to Bloomberg. The South Asian country’s electricity retailers, which are mostly controlled by provincial governments, are saddled with heavy losses […]
Tag: accounts
Dagoumas (RAE): Data in the Competition Commission for a dominant position in electricity
By Harry Floudopoulos The Energy Regulatory Authority has submitted data on the purchase of electricity to the Competition Commission with the question of the possible abuse of a dominant position, as revealed today by the president of the independent authority Th. Dagoumas. According to Mr. Dagoumas, RAE is in close cooperation with the Competition Commission […]
K. Skrekas: The reduction in the adjustment clause will be seen in the accounts from August 1
On the last day of June, the adjustment clause is abolished and the providers will have to announce the electricity prices for next month, stressed the Minister of Energy, Costas Skrekas, speaking on SKAI TV. He explained that the reduction in bills will be seen from August 1. “The clause is reduced from July 1. […]
Britain: Unpaid bills threaten to disrupt the country’s energy market
The war in Ukraine has exposed the vulnerability of the energy industry across Europe, but the UK market looks increasingly dangerous for suppliers and consumers for reasons closer to home, according to Bloomberg. Utilities are hanging on to billions of pounds in unpaid bills after gas and electricity prices soared, as households already struggling with […]
Nearly half of Britons find it difficult to pay their energy bills
About 40% of adults in the UK say they have more or less difficulty paying their energy bills, according to a survey by the country’s National Statistics Office, according to Bloomberg. About 91% said their cost of living had risen, with most citing increases in fuel, gas and electricity prices and food markets as the […]
There is a growing number of Britons finding it difficult to pay their bills
Nearly a quarter of people in Britain say it has become more difficult to pay their household bills even before increases in regulated energy prices take effect, according to an official survey highlighting the extent of a cost-of-living crisis. About 23% of people surveyed in March by the National Statistics Office said it was difficult […]
Effervescence in the electricity retail market – There is an increased subsidy on bills
By Harry Floudopoulos Signs that rising energy prices are beginning to affect consumers’ ability to respond to the payment of their bills are making their appearance in the market. According to sources in the electricity supply companies, recently the requests for settlements have increased significantly and even doubled. This development creates consequent problems with the […]
The electricity market is under constant pressure – The two big threats
Of Thanks to Floudopoulos During yesterday’s announcement of measures to support households and businesses for the energy crisis, the competent minister K. Skrekas concluded by saying that for as long as the crisis lasts, the government will continue to subsidize the bills. The report was not just coincidental as it is clear that both the […]
Increases of up to 120% in electricity bills
Of Thanks to Floudopoulos At a time when the stock market price of natural gas shows a relative stabilization at 85 euros / MWh, the new record set yesterday in the stock market of pollutants pushes up again the wholesale prices of electricity. Specifically, the price of CO2 emission allowances exceeded 70 euros / ton […]