October 2022 national measures against soaring energy prices
In an effort to shield domestic consumers from the effects of the global energy crisis, the Greek government implemented the following measures from October 2022:
- An electricity subsidy targeted at all household, based on their monthly consumption. The scheme is however tailored to provide additional levels of support, in the form of a EUR 50/MWh subsidy increase, to those reducing their average daily consumption by 15% (in comparison to the previous year). Social tariff beneficiaries receive a EUR 485/MWh subsidy, meant to fully compensate the effects of the rise in electricity prices.
- An electricity subsidy for commercial tariff beneficiaries, based on their monthly consumption. Farmers however benefit from a flat rate EUR 436/MWh subsidy.
- A natural gas subsidy for all households, in the form of a EUR 90/thermal MWh support meant to compensate over 50% of the price increase.
- A natural gas subsidy for all commercial and industrial consumers, amounting to EUR 40/thermal MWh in October.
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