Electricity rates below 0.15 euros per kWh available from many companies in April

Many powerfulness companies are offering energy tariffs that are beneath the threshold of 15 cents per kilowatt-hour - the level targeted by subsidies during the 2022–2032 play - with 11 fixed-rate ("blue") tariffs and 3 "green" tariffs (including that of PPC) gathering this level successful April, according to information from the Regulatory Authority and the retail marketplace monitoring instrumentality energycost.gr.

As besides indicated by Deputy Environment and Energy Minister Nikos Tsafos, determination is presently nary origin for alarm regarding energy prices, which astatine the wholesale level are moving beneath past year’s levels.

Market sources expressed cautious optimism astir terms developments pursuing the ceasefire statement successful the Gulf. However, they noted that harm to vigor infrastructure during hostilities cannot beryllium repaired immediately, and that a lasting statement successful the portion volition beryllium indispensable aft the ceasefire.

According to the aforesaid sources, the main reasons for the comparative containment of energy prices truthful acold are:

Smaller increases successful planetary earthy state prices compared to liquid substance prices. In aboriginal April, earthy state prices ranged betwixt 40–50 euros per megawatt-hour - akin to the wintertime 2024–2025 play - whereas during the 2022 vigor situation they had reached arsenic precocious arsenic 250 euros.

Increased information of hydroelectric powerfulness successful the vigor premix owed to favorable upwind conditions (rainfall and snowfall) during the winter.

The summation of renewable vigor sources (RES) capacity, further helping to stabilize prices.

At the retail level, marketplace self-restraint successful mounting April tariffs besides played a role.

The caller emergence successful planetary crude lipid prices has besides had a affirmative effect for Greece: the revival of operations astatine the Prinos lipid fields. After a astir nine-month shutdown, accumulation resumed successful February. Energean’s output from the Prinos, North Prinos, and Epsilon fields presently stands astatine astir 1,000 barrels per day, with a people to summation to 1,500. Proven reserves successful the country magnitude to 40 cardinal barrels, though their extraction faces the hurdle of higher vigor costs.