Power rates to remain stable in October

[Phil Noble/Reuters]

Electricity tariffs will stay stable oregon determination little successful October compared to September for the bulk of consumers arsenic suppliers with the largest marketplace shares absorbed the increases successful wholesale vigor prices.

Several companies with smaller marketplace shares proceeded with increases, pursuing the fluctuation of the wholesale terms successful September, which accrued by 27%, to 92.77 euros per megawatt-hour from €73.15 successful August.

On Thursday Environment and Energy Minister Stavros Papastavrou described the restraint shown by energy providers successful keeping October’s retail rates astatine astir the aforesaid levels arsenic a “positive development.”

He said successful October some PPC and Protergia – which together relationship for 70% of consumers connected the greenish tariff – announced stable oregon adjacent reduced prices.

“This brings us backmost to prices we had successful 2021,” helium underlined. All institution rates person been posted connected the Regulatory Authority’s website, energycost.gr.