Power consumers in Greece will see the levy they pay for the proliferation of renewable energy sources double as of March 1, according to a decision made by the Regulatory Authority for Energy (RAE) on Thursday, unless the Energy Ministry finds another way of pluggling the 1.5-billion-euro hole in the photovoltaics market.
RAE decided that domestic consumers will see their RES levy hiked by 86 percent. This means that the average 87.36-euro annual levy that households pay today will grow to 162.16 euros for the same consumption of electricity every year – i.e. an additional 75 euros per year.
The increase is even greater for stores and small businesses, amounting to 108 percent, and reaches up to 15 percent for farmers, who are low- and medium-voltage electric power consumers, while the increase for high-voltage users such as major industries will amount to 84 percent. That would entail a further burden of several million euros on industries despite a government pledge for a reduction to their energy costs.