Aiming to mitigate the impact of the energy crisis and inflationary pressures, and with the main concern of supporting citizens and businesses, the Government has so far implemented a series of targeted interventions amounting to €400 million.
Regarding the measure of direct subsidy of the cost of electricity consumption, based on a graduated support in order to encourage at the same time energy savings in the electricity bills of households and small and medium-sized enterprises - a measure which is ongoing - it is reported that the subsidy for the period from 1/09/2022 to 31/01/2023 amounted to €58.4 million on 1,353,088 bills. In particular, the bills concerned 1,089,268 households, of which 41,819 concerned vulnerable domestic consumers, 213,611 commercial consumers, 41,807 industrial consumers, while 8,402 bills concerned water pumping.
It should be recalled that consumption and vulnerability criteria of the beneficiaries were taken into account to determine this subsidy of the final bill. The subsidy is 100% for vulnerable domestic consumers (Rate 08), while the subsidy is scaled from 50% to 85% for other domestic consumers (Rates 01, 02, 46 and 56B), as well as for commercial and industrial consumers (Codes 10 and 20 respectively). The subsidy also covers water users for the purpose of water supply and/or irrigation and/or storm water pumping of bimonthly tariff.
This measure is in parallel with the measure to reduce the excise duty on motor fuels (petrol and diesel) and heating oil by €0.07 per litre (€0.0833 including VAT) and €0.0537 (€0.0639 including VAT) respectively, applicable from 8/3/2022 and valid until the end of February 2023, following the second extension decided by the Council of Ministers for this measure last September. The total estimated cost amounted to €75 million
(NG/SX)
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