Greece, Electricity and gas subsidies in May will most likely remain unchanged compared to the previous month

, SEE Energy News

Electricity and gas subsidies covering both residential and commercial consumers in May will most likely remain unchanged compared to the previous month, with a support package worth some 600 million euros.

Wholesale electricity prices have changed only slightly between March and April. The price was over 242 euros/MWh during April, slightly below 272.68 euros/MWh at the end of March.

Assuming energy subsidies will remain unchanged for consumption in May, households consuming up to 300 KWh in electricity can expect subsidy support, for the month, worth approximately 72 euros.

Commercial consumers should receive subsidies worth 130 euros/MWh, while small and medium- sized businesses can expect subsidy support worth 230 euros/MWh for supply up to 25kVA.

Household natural gas subsidies should remain at 40 euros/MWh.