Significantly higher natural gas prices in international markets over the past few days will lead to wholesale electricity price increases of between 10 and 15 percent in September, compared to August, in Greece’s day-ahead market, market officials anticipate.
The country’s electricity retailers will be announcing their nominal tariffs for September on the 20th of this month, a monthly procedure required by market rules.
It is estimated that most electricity suppliers will use better-than-expected revenues in August to subdue their tariff increases for September.
Even so, if the price-rise projection is confirmed, then electricity retailers can be expected to announce residential tariffs starting from
