# DEYAK financial management and tax repayment

> Live situation record from CLSTR: https://clstr.news/situations/deyak-financial-management-and-tax-repayment
> Updated: 2026-09-21T04:45:22.000Z. Sources: 6. Developments: 2.

The Board of Directors of DEYAK unanimously decided to return 632,674.76 euros to the Municipality of Kozani. These funds consist of Renewable Energy Sources (RES) tax revenues that were previously withheld in 2024 to settle debts owed by DEYAK to the Public Power Corporation (PPC S.A.).

DEYAK had acknowledged a total debt of 16,361,630 euros to PPC S.A. under thermal energy supply contracts, with a remaining balance of 10,707,343 euros intended to be repaid via RES tax revenues. While the municipality acts as a guarantor for these obligations and is entitled to reclaim funds paid on behalf of the debtor, board members raised concerns regarding the absence of a defined repayment method or specific timeline.

## Timeline

### 2026-09-21: DEYADOL management faces criticism over debt and price hikes

The ‘Prooptiki’ opposition party criticizes the management of DEYADOL, citing a €5.2 million debt to DEI and accusing the mayor of causing water price hikes through administrative delays.

2 sources. https://clstr.news/cluster/deyadol-management-faces-criticism-over-debt-and-price-hikes

### 2026-08-24: DEYAK to return 632,674 euros in RES tax to Kozani Municipality

DEYAK has unanimously decided to return over 632,000 euros in withheld renewable energy taxes to the Municipality of Kozani to settle debts paid on DEYAK's behalf to PPC S.A.

4 sources. https://clstr.news/cluster/deyak-to-return-632674-euros-in-res-tax-to-kozani-municipality

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Cite as: DEYAK financial management and tax repayment. CLSTR, https://clstr.news/situations/deyak-financial-management-and-tax-repayment