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Subsidy for Household Electricity Tariffs for March at 40 Euros per Megawatt/Hour

February 28, 2023

ATHENS -According to Environment and Energy Minister Kostas Skrekas on Tuesday, the subsidy for household electricity tariffs for March will be 40 euros per megawatt hour. This amount remains the same as February, while suppliers have announced slightly lower rates than the previous month. As a result, consumers will pay slightly lower prices in March compared to February.

The tariff for Public Power Corporation (PPC) customers, the largest supplier, is set at 15.5 cents per kilowatt hour (19.5 cents minus 4 cents from the subsidy). Skrekas emphasized that although the crisis has eased, it is not over, and Prime Minister Kyriakos Mitsotakis is committed to protecting society from the ongoing energy crisis impacting Europe. He added that the Greeks have been spared from the painful effects of the energy crisis so far.

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