Greek Government is expected to launch the online platform for the submission of applications by electricity consumers for financial support covering a part of the electricity price increases.
The platform, which will go live as of 14 June, will remain open until the end of the month, while the payments to eligible recipients will be disbursed in the first ten days of July and range between 30 and 600 euros each.
The retroactive subsidy will be handed out only to individuals with their tax residence in Greece and a net annual family income (after taxes are deducted) up to 45,000 euros. The authorities will take into account the family incomes declared last year, while any taxpayers submitting their declaration for the first time this year should do so before submitting their power subsidy application.
The eligible recipients will be residential consumers of electricity with floating rates (i.e. almost all households), which change in accordance with wholesale electricity rates. The subsidy concerns the consumption bill for the recipient’s main residence as well as the rented homes of any dependent children studying away from home. If the supply does not concern residential use of energy, applicants will not be entitled to the subsidy.