Electric Bill 15% discount for on-time payment reduced by 33%

According to the PPC Press Release, as of today, the discount for those who pay early on the bill is reduced to 10% from the current 15%.

From April 1st, the discount for the prepayment of the annual consumption will be from 6% to 4%. The Board of Directors of PPC has also approved the opening of negotiations with the industry on higher tariffs. In particular, the decision taken is based on increases of up to 10%.

What the PPC’s announcement says “By decision of today (19.03.19) the PPC Board of Directors has decided to keep the Middle and Low Voltage Electricity tariffs unchanged, despite the pressures from external factors such as the increase of the Limit System Price and the price of Co2 Emission Rights. Also, PPC’s Board of Directors decided to maintain and consolidate the award of the Contribution Discount at a rate of 10% on the total value of the electricity supply charge for the accounts to be issued from 1 April 2019 onwards. As regards the prepayment discount, it was set at 4% from 1 April 2019. ” 

Source – newsit.gr

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