Energy Ministry sources: No increase in electricity bills in Greece

Top sources in the Greek environment and energy ministry on Tuesday reaffirmed that there will be no increase in electricity bills, according to ANA.

Speaking to reporters, during an EcoMobility conference in Athens, the sources pointed out it was up to the Public Power Corporation (PPC) to decide whether to reduce a 15% prompt payment discount offered to good customers and that the ministry will not interfere in the commercial policy of the corporation.

They added that any adoption of an emission clause on PPC’s bills will not lead to any significant changes in energy prices for consumers. The sources noted that PPC does not have any financing problems and stressed that the corporation was adequately funded, both from the European Investment Bank and the European Bank for Reconstruction and Development.

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