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Tag: readjustment clause

Adjustment clause in public contracts subject to conditions

Adjustment clause in public contracts subject to conditions Adjustment clause in public contracts subject to conditions

The introduction of a price review clause in public contracts is provided for in article 7 of the Ministry of Development bill submitted to the Parliament, provided that the contracting authority has the necessary credits to implement the adjustment. With the mandatory introduction of the clause, the possibilities of price adjustment will be explicitly defined, […]

Changes to regulation to suspend readjustment clause, suppliers ask

Changes to regulation to suspend readjustment clause, suppliers ask Changes to regulation to suspend readjustment clause, suppliers ask

Changes to the legislative regulation for the suspension of the readjustment clause are requested by the Association of Energy Suppliers (ESPEN) in a letter to the leadership of the Ministry of Environment and Energy. On the occasion of the postponement of the deadline for announcing the electricity tariffs that will apply in August, to July […]

The ban on power cuts for consumers who have not paid the readjustment clause is extended

The ban on power cuts for consumers who have not paid the readjustment clause is extended The ban on power cuts for consumers who have not paid the readjustment clause is extended

The Court of First Instance’s interim order prohibiting the disconnection of power to vulnerable residential consumers who have not paid the readjustment clause is extended. The appeal of consumer associations and professional groups against the electricity readjustment clause was discussed in court today, with the interim measures procedure, the hearing of which had been postponed […]

Electricity purchase: New tariffs from August 1 without the adjustment clause

Electricity purchase: New tariffs from August 1 without the adjustment clause Electricity purchase: New tariffs from August 1 without the adjustment clause

New electricity tariffs will be announced by next Sunday, July 10 by all suppliers, which will not include the readjustment clause and will be effective from August 1. The government aspires with the combination of measures implemented in the wholesale and retail market, to absorb more than 70% of the price increase and to “land” […]

K. Skrekas: With the new invoices, consumers will understand how much the government is helping

K. Skrekas: With the new invoices, consumers will understand how much the government is helping K. Skrekas: With the new invoices, consumers will understand how much the government is helping

Assuring that “we are doing everything we can to support households in the energy crisis”, the Minister of Environment and Energy, Kostas Skrekas, clarified today that the invoices will clearly state the amount of the subsidy so that consumers can understand it. During the meeting of the Production and Trade Committee – which had as […]