Green tariff increases in October
Greece’s household electricity market saw higher variable pricing in October as wholesale costs moved up. The average variable “green” tariff rose from €0.205/kWh in September to €0.237/kWh in October, an increase of about 16%. Across much of the market, October tariff changes ranged from 6.7% to 27%.
Heron kept its green tariff unchanged at €0.148/kWh. The October adjustments followed a rise in Greece’s average wholesale electricity price in September, which increased by 17.2%. The wholesale price reached €156.3/MWh in September, up from €133.4/MWh in August.
PPC maintains blue fixed rate and adjusts variable bands
PPC, accounting for around 70% of the green-tariff market, maintained its fixed “blue” tariff at €0.115/kWh. The company also set a monthly fixed fee of €3.50. Its variable tariff increased to €0.159/kWh for monthly consumption below 200 kWh.
For household usage above 200 kWh, PPC’s variable rate rose to €0.219/kWh. That higher rate applies to the household’s full monthly consumption rather than only the portion above the threshold.
Fixed-price targeting expands among households
Suppliers are intensifying efforts to move households onto fixed-price contracts as rising wholesale costs push variable tariffs higher. More than 3 million consumers are being targeted for fixed-price products. The widening gap between variable and fixed offerings is linked to demand for price certainty among households.
Companies offering fixed retail rates must manage the wholesale exposure created by committing to those fixed terms. This shift is occurring alongside the October tariff increases tied to the September wholesale price rise.
