
In March, namely no later than the third week of the following month, the platform will open for applications for the electrical equipment replacement program. water heater with solar panels, as well as for the “rooftop photovoltaics with battery” program.
As for the second one, which will support up to 10 kilowatts, the battery subsidy rate will even reach 100%.
According to Minister of Environment and Energy Kostas Skrekas, the photovoltaic system with a battery helps the owners to get energy autonomy even at night.
According to him, the beneficiaries will be individuals, professionals and farmers. Social and economic criteria will apply to both programs.
For electricity subsidies
Regarding electricity subsidies, the minister said that Greece is one of the three cheapest European countries with floating retail electricity tariffs.
“Thanks to the subsidies and the way we did away with the adjustment clause, we created competition between companies and were able to bring our electricity bills down to affordable levels.” He did acknowledge that “We haven’t solved the problem yet. There are still households that are struggling to pay their electricity bills, so we come in and absorb 100% of the increase in vulnerable households,” he told ERT.
Subsequently, Mr Skrekas said: “We have already spent about 8 billion euros for 2022 to subsidize electricity bills. Only 30% came from the state budget. 70% of the profits from overtaxing energy companies’ windfall profits and various other revenues we receive from auctions of greenhouse gas pollutants.
Finally, he stressed that electricity prices in February, after subsidies, will be lower than in January. “In February, the bills will be the same or cheaper,” the Minister of Ecology and Energy said.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.