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Electricity Bills to rise steeply

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  • #42883
    Jovana
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        In 2013, electricity bills are set to rise by 40%, staggered over three increases in January, April and July.  I suppose it’s to do with the privatization that has to take place to please Europe, as they will get a higher price for it if it is raking in more money.  Bad for us though. :'(

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        #43322
        therowlies
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            Nothing has been approved as yet but your claim of a 40% rise is not correct as far as I see it.

            Here is a report from Ekathimerini yesterday which says that rises MAY be on the way if approved –

            Electricity rates are set for a major hike next year, as Public Power Corporation, which effectively holds a monopoly in electricity supply, has asked the Regulatory Authority for Energy (RAE) to approve increases ranging between 14.5 and 48.7 percent for 2013, RAE confirmed on Tuesday.

            The average increase for low-voltage consumers, which includes the vast majority of households, small industries and commercial shops, amounts to 24.9 percent and is expected to burden electricity bills in three stages up to July 2013.

            According to the proposal that PPC has submitted to RAE, the first hike on January 1 will amount to 10.8 percent, the second on May 1 to another 6.3 percent, and the third on July 1 by a further 6.1 percent.

            RAE will examine the proposal and submit its own to the Environment and Energy Ministry in the next few days.

            #43604
            latsida
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                for the majority of households the average increase will be around 25%

                http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_12/12/2012_474008

                I received my meter read bill this morning.
                it has a new format, and is now only one sheet of paper and easier to understand.

                my total usage for the last four months was 858 kwh which is 68,86 euros, so with the average increase this will increase to around 85 euros.

                if they increase all the other smaller DEI charges as well then it will be around 120 euros, ie around 30 euros a month.

                this is of course just an example, and I am sure my next meter reading will be higher as we are now using our water heater and halogen fires, but power here is still relatively cheap .

                sorry therowlies you beat me to it  :D

                #43808
                Gem
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                    A Greek friend from Athens told me that the rise in electricity is to get the money back from people switching to electric heating to avoid paying for oil! Sounds logical and especially as Athenians can’t go round chopping trees down to heat their homes they have to use electricity…….

                    #43972
                    garrigue
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                        I guess its an easy fund raiser. Who can switch off? I don’t really know how prices compare with what realistic market prices would be, but I imagine eventually that will be the end result.

                        #44107
                        YoMo2
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                            Here is a link that shows comparative elec prices around Europe. Greece looks OK, but maybe that is soon to change.

                            Maybe the most expensive in Europe soon? I thought privatisation was supposed to bring competition…… ;D

                            http://www.energy.eu/#Domestic-Elec

                            Andrew

                            #44209
                            latsida
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                                #44293
                                YoMo2
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                                    Very interesting article. Seems to be borne out by what has happened in UK last few years. So I guess we can expect the same here then. :(

                                    Andrew

                                    #44365
                                    charlieboy
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                                        any one please tell me if they have been able to read the new electricity bill thanks

                                        #44425
                                        YoMo2
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                                            What’s your query?

                                            #44480
                                            Gem
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                                                DEH website have an explanation of the printed bill.

                                                Home Page / CUSTOMER SERVICE / Home / Your Bill

                                                #44525
                                                latsida
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                                                    #44565
                                                    MartinP
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                                                        Looking at my first "new style" bill for 2012, I see that I used 1830 kWh and the cost was 150,71 Euros.

                                                        Maths is not my strong point but I calculate that I’m paying 0.82 cents per Watt-hour. Have I got that right? It’s listed as 0.125 per kWh so my calculation must be a mile off but why?

                                                        In which case a 20 Watt light costs me around 16.4 cents per hour and a 3 kW oven costs 24.6 Euros per hour. That seems a lot of money. Have I got it right?

                                                        #44598
                                                        MartinP
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                                                            No, wrong again. I omitted the "other charges" and VAT. So I actually paid 310.12 Euros for 1830 kWh.

                                                            That makes it 0.017 cents per Watt-hour. So a 20 watt bulb running for 1 hour costs me 3.4 cents.

                                                            A 3kW oven running for 1 hour costs me 51 cents. That looks more realistic.

                                                            #44628
                                                            Peebee
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                                                                Martin
                                                                One old bill (nothing to do with the police) that I have from Jan 2012, it is given as €0.07354 (say 8 cents) per kWh. therefore 1Wh = 8/1000 or 0.008 cents
                                                                By that calculation, a 20W light bulb should cost around 0.16 cents per hour to run, and a 3kW oven 24 cents per hour.

                                                                #44650
                                                                YoMo2
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                                                                    MartinP’s figure is more realistic. You cannot just take the basic electricity rate. You have to add on all the supplementary charges and the VAT to get a figure that tells you what things cost to run.

                                                                    I’ve not yet had a "final" bill in the new format so I can’t help you with that, but I know the total charge for electricity comes out around 17 cents per kWh. I am on builders supply. Permanent supply is a little less, not much.

                                                                    The bills in total look high because of course they contain TV licence, local council taxes, and now also the dreaded one-off "special" property tax.

                                                                    See the link provided by Latsida above if you want to know exactly how the new bills work.

                                                                    Andrew

                                                                    #44672
                                                                    Peebee
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                                                                        The cost to run an appliance is 8 cents per kWh + VAT.
                                                                        All the other charges are overheads and do not increase when doing so, if included, then the price per unit will decrease the more you use.
                                                                        If you are away from the property, and only use the minimal amount of electricity, then you could calculate the cost to be hundreds of Euros per kWh.

                                                                        #44691
                                                                        YoMo2
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                                                                            Peebee, there is some truth in what you say, but I don’t think you are quite right.  Unfortunately all of what I am saying and my previous post are top of the head as I don’t have the data to hand.

                                                                            Some of the overheads do not change but some do I think.  There have been previous threads about this.

                                                                            The renewable energy surcharge and the social contribution surcharge are both based per kWh I think.  So the correct figure is somewhere between yours and MartinP.

                                                                            Predictably, DEH make it quite hard to find out the exact rates for each item.

                                                                            #44707
                                                                            latsida
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                                                                                [ch914]) CHARGES RENDERED TO THE STATE
                                                                                a) «[ch917][ch934][ch922] (L.3336/05)» (Excise Duty): PPC collects the Excise Duty in the electricity bills and renders it to the State. This Duty ([ch917][ch934][ch922]) was imposed from 2.5.2010. All consumers are charged with the excise duty regardless of the power supplier selected. The Excise Duty is charged only to Bills based on actual reading (“ACTUAL”). It is calculated based on consumption.
                                                                                b) «[ch917][ch921][ch916]. [ch932][ch917][ch923][ch927][ch931] 5‰ (SPECIAL DUTY 5‰) (L.2093/92)»: The estimated mean charge from the Special Duty 5‰ is up to 0.5 [ch949][ch965][ch961][ch974] per 1.000 kWh. It is noted that the Special Duty 5‰ is calculated in the Bills based on actual reading (“ACTUAL”) based on the consumed electricity increased by the Excise duty.

                                                                                19. Total amount, VAT included, to be paid for electricity. It is noted that excise duty is subject to VAT. The SPECIAL DUTY 5‰ and the rounded-off amounts are not subject to VAT.

                                                                                #44721
                                                                                lucyjordan
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                                                                                    Whilst this may seem a detour from the original post, can anyone tell me where the VAT on the estimated bill is refunded is shown on the actual meter read bill? I can see where the estimated electricity usage has been credited but not the VAT, I thought it was because of the new bill style that I could not find it but looking at previous bills I am still mystified.

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