Greek government steps in with new power bill help as winter approaches
Greece launches fresh electricity subsidies for households as power costs hit new peaks in Europe. The governmentʼs move aims to support 90% of home users during cold-weather months
Greece has set-up new power bill aid for Dec 2024‚ helping families deal with high electricity costs (which keep going up across Europe)
The south-european country was extra-generous with such support before — about 10-billion euros went to help people and companies during past few years which was the biggest share of any EU countrys GDP. Last time they gave money was in hot summer when power stations couldnt make enough electricity
The new support-package includes 1‚5 cents for each kilowatt hour if people use less than 500 kilowatt hours; this will help nine-of-ten Greek homes that have changing-price contracts. The whole thing costs around 20‚5 million euros
The power market in Europe isnt fair — people in south-east pay way more than others
The greek leader sent a note to EU bosses this fall asking to make one big power-watching office for all Europe. This comes after Greece got back on its feet from money problems that lasted almost ten years
- Power costs hit highest point in over a year
- Most homes will get help with bills
- Government wants EU to fix price differences
The energy office says this cash-help will work through special math that makes bills lower‚ but people need to check their power use carefully
