Energy authority decides to lower 'monopoly' charges
- Written by E.Tsiliopoulos
Greece's independent Regulatory Authority for Energy (RAE) on Monday announced plans to significantly reduce electricity rates in 2016 by reducing so-called "monopoly" charges.
These include fees consumers are charged for use of the electricity grid and a tax (ETMEAR) raised to subsidise power production using renewable energy sources. According to RAE, there will be a 5.4 pct reduction in the ETMEAR charge as of January 1, as well as a discounts for the fees that businesses are charged for use of the grid. Distribution charges for households will remain at the same level as in 2015.
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth