Greece, Number of customers switching suppliers on the rise again

, SEE Energy News

The number of Greek residential consumers and small businesses switching their electricity suppliers amounted to 3.1 % in March, almost double the 1.62 % figure from the same month last year.

Most of these switches were to Public Power Corporation (PPC), which captured 30.6 % of the total number. Consumers are returning to PPC at an increasing rate, mostly due to favorable rates and offered discounts in the time of the crisis.

PPC lost between 20,000 and 25,000 customers per month between September and December 2021, while, earlier that year, it was losing between 40,000 and 45,000 low-voltage customers each month.

The top five independent electricity suppliers by market share remained unchanged in March 2022, with Protergia, Elpedison and Heron occupying the first three places, followed by Zenith and Watt+Volt.