Greece, Decrease of PPC’s low-voltage customers slows in Q2 202

, SEE Energy News

According to data published by electricity transmission system operator ADMIE, the number of low-voltage customers of state-controlled Public Power Corporation (PPC) is still decreasing in the second quarter of the year, but at a slower rate.

In the April-June 2021 period, a total of 68,000 households and small businesses, a monthly average of just over 22,000, left PPC for other electricity suppliers, down from a monthly rate of between 30,000 and 35,000 over the past year and a half. The higher exit rate of PPC customers was maintained until the end of the first quarter, when 103,000 customers left the utility over the three-month period.

The slower rate in the second quarter has been primarily attributed to the company’s modernized commercial policy and a more focused marketing strategy.

However, PPC still supplies 5.1 million of the country’s 6.6 million low-voltage connections around the country at the end of the second quarter, a 75.1 % share.

Low-voltage customers represented by independent electricity suppliers surpassed the level of 1.5 million for the first time. Protergia, a member of the Mytilineos group, is the leader with a 3.94 % share, followed by Elpedison (3.67 %),
Heron (3.32 %), Watt & Volt (2.6 %), Zenith (2.48 %), Volton (1.75 %), NRG (1.99 %), Aerio Attikis (1.5 %) and Volterra (0.57 %).