Significant reductions in electricity bills for household consumers in February were announced by the Public Power Corporation (PPC) and other power providers on Saturday, ANA reports.
The subsidy is set at a level that ensures that PPC’s final price -which serves as a benchmark as PPC is the biggest supplier- will be maintained at the level of 15-16 cents per kilowatt hour. Therefore, the reduction of the initial price by the suppliers means that, as long as the target for the final price remains the same, the amount of the subsidy that will be announced within days will be reduced accordingly next month.
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Source: tornosnews.gr/en/