Monday March 30, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Renewable energy levy soars 118 pct

Consumers are bracing for a fresh hike in electricity bills after the Regulatory Authority for Energy (RAE) announced on Saturday that the levy for power production from renewable energy sources, payable by every consumer, will go up by 54 euros per household per year.

The average level of the RES levy is will climb from 9.3 euros per megawatt/hour in the first half of the year to 14.96 euros/MWh, which constitutes an average increase of 60 percent. For average household consumers (of 400 KWh per month), the hike will be from 9.53 to 20.80 euros/MWh, i.e. an increase of 118 percent. In contrast, industries who get their power from the high-voltage network will see a reduction in the levy they pay.

RAE claims that the adjustment of the RES levy arises from problems in the process of incorporating various RES technologies in the countrys energy system and mostly the huge penetration of photovoltaic systems. It does, however, also call on all parties involved in drafting rates and regulations to find alternative solutions that will not further burden consumers.

Energy Ministry sources say that the average cost of RES production is two-and-a-half times higher than from conventional sources.

ekathimerini.com , Sunday Jul 21, 2013 (20:58)  
Rift talk may be self-fulfilling prophecy
Undeclared labor flourishing as inspections are insufficient
Agenda
Banks write off old debts worth billions
Greeces Tsipras to meet ministers as creditors ponder overhauls
Greeces Prime Minister Alexis Tsipras is to hold a cabinet meeting Sunday as Greek officials and creditors in Brussels discuss overhauls the country proposes to secure more funds from the e...
Moscow expects progress from Tsipras visit
Prime Minister Alexis Tsiprass planned visit to Moscow on April 8 will be a big event in the course of relations between Greece and Russia, according to the Russian ambassador in Athens, ...
Inside News
SOCCER
Improved Greece draws 0-0 at Hungary
Greece ended up goalless with Hungary in Budapest on Sunday, on manager Sergio Markarians debut on the national teams bench, a result that has left Greece at the bottom of its Euro 2016 qu...
HANDBALL
Hooligans mar PAOKs handball cup triumph
PAOK won its second Greek Cup in handball beating AEK 29-27 in Sundays final in Thessaloniki, but the clashes between AEK fans and the police as well as the exchange of lethal flares betwee...
Inside Sports
COMMENTARY
Lets change the subject
Lets talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. Its better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Improved Greece draws 0-0 at Hungary
2. Rift talk may be self-fulfilling prophecy
3. Undeclared labor flourishing as inspections are insufficient
4. Agenda
5. Banks write off old debts worth billions
6. Hooligans mar PAOKs handball cup triumph
more news
Today
This Week
1. Eurogroup unlikely to be held soon to discuss Greek reforms
2. Moscow expects progress from Tsipras visit
3. Another suspect eyed in prison breakout plan
4. Greeces Tsipras to meet ministers as creditors ponder overhauls
5. Greece says talks with lenders are continuing positively
6. Rift talk may be self-fulfilling prophecy
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Some more equal than others
4. Eurogroup unlikely to be held soon to discuss Greek reforms
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Looking at the Chinese model
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.