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PPC to reduce electricity tariff to 0.115 EUR/kWh in Greece
Greek Prime Minister Kyriakos Mitsotakis announced that the Public Power Corporation (PPC) will reduce its fixed electricity tariff to 0.115 EUR per kilowatt-hour for the upcoming year, with a monthly fixed charge of 3.5 EUR.
Mitsotakis emphasized that this reduction occurs despite rising international energy prices. He characterized the financially strengthened PPC as a 'shield of protection' for Greek families, noting that the company's current stability allows it to absorb a portion of energy cost increases rather than passing them entirely to consumers. He contrasted the current state of the utility with 2019, when he claimed the company was near bankruptcy.
While the tariff reduction is viewed as a positive development for consumers, some commentary suggests that the current pricing does not erase the high costs paid by citizens during previous years of the energy crisis or the changes in the company's ownership structure.
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What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] PPC announced its fixed tariff for the upcoming year will decrease to 0.115 EUR per kilowatt-hour with a 3.5 EUR fixed charge. www.energygame.gr · www.lykavitos.gr
- [● 2 SOURCES] The Prime Minister stated that a financially strong Public Power Corporation (PPC) helps absorb energy cost increases instead of passing them to consumers. www.energygame.gr · www.lykavitos.gr
- [● 2 SOURCES] Mitsotakis claimed that in 2019, the PPC was on the verge of bankruptcy. www.energygame.gr · www.lykavitos.gr