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Greece to introduce dynamic electricity pricing in 2026

Consumers in Greece will begin accessing dynamic electricity prices in early 2026, as the Ministry of Environment and Energy has finalized the necessary regulatory framework. Dynamic pricing will launch on 1 February 2026 for high-capacity users exceeding 25 kVA, and on 1 April 2026 for smaller consumers below that threshold.

Under the country’s color-coded price scheme, dynamic pricing falls into the “orange tariff” category. These tariffs will mirror real-time wholesale market prices, updating at least as often as the spot market clears. For households and small businesses, the orange bill will consist of two components: a predetermined fixed monthly charge (based on a 30-day period and independent of consumption) and a supply cost that fluctuates hourly but is communicated to the customer in advance.

Large consumers will follow a different system. Their supply charges will be defined through bilateral agreements that account for usage patterns and service requirements, following free-market rules that prohibit cross-subsidization between customer groups.

To protect consumers from excessive volatility, the framework imposes a maximum charge of 180 euros/MWh for dynamic pricing. Additionally, any supplier with more than 200,000 customers will be required to offer dynamic pricing options, with the threshold assessed twice a year, in December and June.

With this reform, dynamic pricing will be added to the existing menu of electricity products, which currently includes green variable prices set at the start of each month, yellow variable prices determined at the end of each month, and blue fixed-price contracts.

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