By Haris Fludopoulos The Energy Regulatory Authority issued a new directive to electricity suppliers on how the subsidy through the Energy Transition Fund should be reflected in electricity bills. RAE’s aim is to limit misleading reports and advertisements by providers regarding state subsidy. RAE specifically recommends that energy providers adopt a specific display format for […]
Tag: electricity
Why RAE sent an ultimatum to three power supply companies
Of Haris Fludopoulos Next Monday, if there is no compliance, RAE is expected to publish the names of the companies that continue to mislead consumers regarding electricity tariffs. As the independent authority announced yesterday, the three companies were detected during the audit carried out, misleading consumers in their advertising campaigns as they presented the state […]
RAE: Deadline until Monday for withdrawal of misleading advertisements from electricity suppliers
The Energy Regulator has given electricity suppliers that have not yet adjusted their advertising listings until next Monday to stop the misleading reports it has identified, or it will go ahead with making their brands public. RAE announced today that it is completing the audit of advertising listings for apparent abusive practices of Electricity Suppliers, […]
How consumers choose cheaper electricity – The pitfalls in the ‘fine print’
“Consumers should be aware that from August 1 to July 31, 2023, fundamental changes have taken place in the retail electricity market,” said Panagiotis Georgiadis, a spokesman for the Consumer Institute. As he mentioned speaking to ERT, these changes are the following: – The monthly fixed charge cannot exceed 5 euros – It is prohibited […]
RAE warning about misleading advertisements from electricity suppliers
RAE has detected misleading advertisements from Electricity Suppliers in relation to the subsidies for electricity bills granted by the State through the Energy Transition Fund and warns that on Thursday 4 August 2022 it will publish these cases on its website. Specifically, the Authority states: “Taking into account that the subsidy in question of consumers’ […]
Electricity prices continue to rise
Of Haris Fludopoulos At 400.95 euros/MWh, the day-ahead market price in our country is set for today, reduced by 5% compared to 422.02 euros/MWh yesterday. The highest price in Europe is recorded for tomorrow in Italy with 483.11 euros/MWh, followed by Malta (481.92 euros/MWh), France (471.64 euros/MWh), Austria (452.83 euros/MWh) and Switzerland (449.75 euros/MWh). On […]
The new electricity price lists effective from today – Last minute revisions
The regulation of the Ministry of Environment and Energy brought about last-minute adjustments to the electricity tariffs that apply from today for the whole of August, with which a ceiling was placed on the fixed charges of 5 euros per month and at the same time the indirect application of the adjustment clause was prohibited. […]
Energy crisis in Europe: Paris may be the first city to suffer a blackout this winter
By Javier Blas On the subject of the European energy crisis, all attention is on Germany and gas from Russia. However, France and its fleet of nuclear reactors are at least as important. Indeed, the first European city to be at risk of blackout due to falling temperatures at the end of the year may […]
Negative messages about winter electrical sufficiency
By Haris Fludopoulos The recent decision of the EU energy ministers for the reduction of natural gas consumption, exempts the electricity generation sector from the obligation to reduce if it is established that there is a significant risk of a possible blackout. As the new regulation specifically states, Member States can temporarily limit mandatory demand […]
Mr. Skrekas: Ceiling of 5 euros on monthly fixed electricity charges
Legislative intervention to impose a maximum charge limit on monthly balances on electricity bills, announced the Minister of Environment and Energy Kostas Skrekas, speaking in the Parliament. “We decided that the suppliers must declare the net price of electricity. We finally saw that some suppliers, while they specified a net price, over-multiplied the fixed charges. […]
