China News Service, April 21. According to Greece's "China-Greece Times" report, affected by the high electricity price in Greece, the Greek Energy Agency has received numerous complaints about electricity tariff adjustment clauses. Many consumers are unable to pay high electricity tariffs and can only seek an extension. or installment payment.
Even though the Greek government has subsidized electricity bills for six consecutive months, most consumers are still struggling to pay their electricity bills as soaring inflation has shrunk their incomes.
With energy prices likely to remain high for a long time to come, both the Greek government and the market are concerned about the situation.
Bills delinquency have remained 5% higher than expected in recent months, even as Greece's Public Power Company (PPC) erased some of the impact of price increases with concessions to long-term customers.
Overdue bill rates have doubled for most private electricity providers.
According to reports, the proportion of users who pay their electricity bills 45 days after they are issued has risen from 25% to 50%, while the average bill payment time has increased from 45 days to 3 months.
"It's only a matter of time before late payments turn into bad debts," a representative of a private electricity provider told local media.
Greek Prime Minister Mitsotakis said recently that "it is clear that consumers have no other way to think."
Without European intervention, the Greek government intends to apply one or more of the options it is studying, including an interest rate cap on the wholesale electricity market, to help consumers ease the pain of high bills.
(Wu Qin)