Tag: electricity rates

electricity

Greek Government Announces Subsidies to Offset Rising Electricity Costs

Greece's Environment and Energy Minister, Theodoros Skylakakis, announced that all households will receive electricity bill subsidies in August, capped at 500 kilowatt hours per month. The subsidies, financed by an extraordinary levy on natural gas for power producers, aim to maintain prices at 2023 levels amidst rising energy costs.