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New “Debt Flagging” System Targets Power Bill Dodgers

New “Debt Flagging” System Targets Power Bill Dodgers

Hellenic Shipping News

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Unpaid electricity bills in Greece have reached roughly 3 billion euros. More than half of that debt, 1.525 billion euros, belongs to former customers of power companies who practice so-called “energy tourism,” exploiting loopholes in the Electricity Supply Code to hop between providers and avoid paying what they owe.

Cracking down on strategic non-payers
The burden of unpaid electricity bills falls on consistent bill payers, who pay nearly 0.06 euros extra per kilowatt hour in their rates. Competition in retail electricity is also being undermined by the problem.

The Ministry of Environment and Energy announced it’s moving to amend the Electricity Supply Code, aiming to effectively address strategic non-payers, protect consistent consumers, and strengthen the smooth functioning of the electricity market.

The decision was signed today, August 20, by Environment and Energy Minister Stavros Papastavrou and Deputy Minister Nikos Tsafos, following approval from the Regulatory Authority for Waste, Energy and Water (RAAEY) and an extensive public consultation.

The Ministry, working closely with RAAEY, the Hellenic Electricity Distribution Network Operator (DEDDIE), and electricity

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