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Greek electricity: wholesale spikes and retail shifts

41 recorded revisions of this situation.

What changed

2026-10-30 10:25 UTC → 2026-11-01 12:02 UTC · added removed

Greek electricity tariffs have undergone a significant shift. While fixed-price “blue” tariffs were the most economical in 2025, RAAEY monitoring for Jan–July 2026 shows variable “yellow” tariffs became the cheapest option, averaging €49.99 per month for a 300 kWh household. In contrast, blue tariffs rose to €55.86 and “green” tariffs hovered around €56.00. This shift has seen the market share of blue contracts rise from 13.27% in late 2024 to approximately 31.5% by April 2026, while green tariffs remain the most common at roughly 54%. To address rising costs, the regulator (RAEE) plans to cap monthly fixed charges on blue tariffs by the end of July, targeting fees that have reached as high as €16 per month. Market volatility remains high. By late August 2026, Greek wholesale electricity prices surged 68% in a single week, rising from €96.9/MWh to €162.7/MWh. This upward trend was driven by a shift in the energy mix where natural gas overtook renewables as the primary contributor. In response, Public Power Corporation (PPC) announced updated tariff catalogs for September 2026, reducing its ‘myHome Online’ blue fixed tariff to 0.115 €/kWh. Prime Minister Kyriakos Mitsotakis characterized the financially strengthened PPC as a “shield of protection” for Greek families, noting the company could absorb cost increases. For October 2026, PPC maintained the 0.115 €/kWh rate for its ‘myHome Online’ blue tariff to provide household stability. However, the company’s green residential tariff (G1/G1N) increased by 7% to 0.15913 €/kWh, a hike notably lower than the approximately 17% surge observed in the wholesale market. By late October, PPC announced it would withdraw the ‘myHome Online’ plan effective October 31, following a 24.3% increase in wholesale prices during the month, which saw rates rise from 156.31 €/MWh to 194.28 €/MWh.

Versions

  1. 2026-11-01 12:02 UTC Greek electricity: wholesale spikes and retail shifts
  2. 2026-10-30 10:25 UTC Greek electricity: wholesale spikes and retail shifts
  3. 2026-10-08 05:26 UTC Greek electricity: wholesale spikes and retail shifts
  4. 2026-10-01 21:23 UTC Greek electricity: wholesale spikes and retail shifts
  5. 2026-09-08 10:52 UTC Greek electricity: wholesale spikes and retail shifts
  6. 2026-09-06 02:54 UTC Greek electricity: wholesale spikes and retail shifts
  7. 2026-09-02 21:34 UTC Greek electricity: wholesale spikes and retail shifts
  8. 2026-09-02 05:38 UTC Greek electricity: wholesale spikes and retail shifts
  9. 2026-09-01 14:40 UTC Greek electricity: wholesale spikes and retail shifts
  10. 2026-09-01 06:07 UTC Greek electricity: wholesale spikes and retail shifts
  11. 2026-08-26 05:11 UTC Greek electricity tariffs: green rise, gas surge, price spik
  12. 2026-08-25 07:51 UTC Greek electricity tariffs: green rise, gas surge, price spik
  13. 2026-08-24 14:27 UTC Greek electricity tariffs: green rise, gas surge, price spik
  14. 2026-08-24 07:50 UTC Greek electricity tariffs: green rise, gas surge, price spik
  15. 2026-08-23 05:32 UTC Greek electricity tariffs: green rise, gas surge, price spik
  16. 2026-08-23 01:31 UTC Greek electricity tariffs: green rise, gas surge, price spik
  17. 2026-08-22 14:39 UTC Greek electricity tariffs: green rise, gas surge, price spik
  18. 2026-08-21 12:30 UTC Greek electricity tariffs: green rise, gas surge, price spik
  19. 2026-08-21 11:00 UTC Greek electricity tariffs: green rise, gas surge, price spik
  20. 2026-08-21 08:12 UTC Greek electricity tariffs: green rise, gas surge, price spik
  21. 2026-08-21 05:29 UTC Greek electricity tariffs: green rise, gas surge, price spik
  22. 2026-08-20 14:15 UTC Greek electricity tariffs: green rise, gas surge, price spik
  23. 2026-08-20 10:18 UTC Greek electricity tariffs: green rise, gas surge, price spik
  24. 2026-08-19 22:25 UTC Greek electricity tariffs: green rise, gas surge, price spik
  25. 2026-08-19 15:45 UTC Greek electricity tariffs: green rise, gas surge, price spik
  26. 2026-08-19 06:39 UTC Greek electricity tariffs: green rise, gas surge, price spik
  27. 2026-08-19 05:00 UTC Greek electricity tariffs: green rise, gas surge, price spik
  28. 2026-08-18 16:23 UTC Greek electricity tariffs: green rise, gas surge, price spik
  29. 2026-08-18 13:14 UTC Greek electricity tariffs: green rise, gas surge, price spik
  30. 2026-08-16 12:59 UTC Greek electricity tariffs: green rise, gas surge, price spik
  31. 2026-08-12 15:08 UTC Greek electricity tariffs: green rise, gas surge, price spik
  32. 2026-08-10 23:49 UTC Greek electricity tariffs: green rise, gas surge, price spik
  33. 2026-08-10 22:22 UTC Greek electricity tariffs: green rise, gas surge, price spik
  34. 2026-08-03 07:23 UTC Greek electricity tariffs: green rise, gas surge, price spik
  35. 2026-08-02 08:22 UTC Greek electricity tariffs: green rise, gas surge
  36. 2026-08-01 10:34 UTC Greek electricity tariffs: yellow cheapest, gas price surge
  37. 2026-07-31 10:03 UTC Greek electricity tariffs: yellow cheapest, blue up
  38. 2026-07-27 00:13 UTC Greek electricity tariffs: yellow cheapest, blue up
  39. 2026-07-26 19:45 UTC Greek electricity tariffs: variable plans stay cheapest
  40. 2026-07-26 13:27 UTC Greek electricity tariffs: variable plans stay cheapest
  41. 2026-07-26 11:56 UTC Greek electricity tariffs: variable plans stay cheapest
  42. 2026-07-25 19:18 UTC Greek electricity tariffs: variable plans stay cheapest

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