Greece: DEI maintains stable electricity prices for August
Translated from Greek, summarized and contextualized by DistantNews.
At a glance
- Public Power Corporation (DEI) will maintain stable electricity prices for households in August.
- The company absorbs wholesale market cost increases, keeping prices at 0.138 euros per kilowatt-hour for its green variable tariff.
- DEI aims to support households and businesses amidst fluctuating international energy markets.
The Public Power Corporation (DEI) announced it will keep household electricity prices steady for August, absorbing a significant increase in wholesale market costs. The company's green variable tariff will remain at 0.138 euros per kilowatt-hour, a move DEI states is part of its strategy to support consumers and businesses facing volatile international energy prices.
This decision comes despite a more than 18% rise in the wholesale electricity market in July, which reached 109.95 euros per megawatt-hour. DEI's commitment to stable pricing aims to provide a buffer against these external fluctuations.
The decision comes despite the rise in the average price in the wholesale market in July, which increased by more than 18%, reaching 109.95 euros per megawatt-hour.
For consumers with dual-zone meters, charges in low-consumption hours for the green tariff will also remain stable at 0.123 euros per kilowatt-hour. The company also detailed pricing for its fixed blue tariffs, including programs like DEI myHomeEnter and myHomeOnline, and options for higher consumption households with the myHome Maxima program.
DEI is also offering a myHome Plan with a fixed monthly charge for greater cost predictability and dynamic pricing options for those with smart meters. The yellow variable tariff, myHome4all, will be priced at 0.154 euros per kilowatt-hour for August, which DEI notes is competitive compared to its 2026 average of 0.136 euros per kilowatt-hour.
The company absorbs the increase in cost in the wholesale electricity market, keeping stable for August the prices of the green variable household tariff G1/G1N at 0.138 euros per kilowatt-hour.
Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.