With an quantity of round 258 million euros, the “public coffers” are anticipated to be strengthened from the gathering of the extraordinary tax that was imposed on suppliers through the vitality disaster on account of the excess income that they had because of excessive costs.

These are the so-called extra revenues of the suppliers, with the aforementioned quantity overlaying the interval from August 2022 to the entire of 2023. In response to the newest data from “N”, the Waste, Power and Water Regulatory Authority (RAAEF) submitted a number of days in the past to the Ministry of the Inside the related examine it has drawn up, the place the quantity obtained after analyzing the info supplied by the businesses for the interval beneath assessment is famous.

Pending information

It’s famous that some information are nonetheless pending from some small corporations for the interval of the third quarter of 2023, however these, as reported by competent sources, are usually not anticipated to vary the ultimate determine. As for the following steps as much as the gathering of the quantity, the primary is the issuance of the related Ministerial Resolution that can validate the quantity after which the FSA must proceed with the distribution of the quantity proportionally to every provider, with the larger half being borne by PPC, the most important provider within the Greek market.

The aim of the mechanism is to get better any seasonal extra revenues obtained by vitality suppliers from August 2022 till the top of 2023, when the brand new mannequin for electrical energy retail got here into drive, with the announcement each twentieth of the month of the nominal costs that can take impact subsequent month.

In response to the method that has been determined, the businesses are requested to pay 60% of the whole quantity instantly, whereas the remaining 40% shall be collected when the ultimate settlement is made. It’s recalled that the ministry plans to make use of the quantity that can come up to cowl the money owed held by the Municipal Water Provide and Sewerage Enterprises (DEYA) to PPC, which is linked to the general plan of the ministry to proceed with the restructuring of over 100 as we speak TWO of the nation.

What’s supplied?

It’s a plan that can foresee mergers, all the time based mostly on the criterion of locality and which is anticipated to be introduced by the Ministry of International Affairs within the close to future.

The measure of the settlement of the money owed to the PPC over a interval of ten years and the overlaying of a part of them from the account of the suppliers’ surpluses might be a persuasive instrument within the arms of the ministry to scale back any reactions to the restructuring plan.

In response to information from months in the past, DEYA had uncollectible money owed from residents amounting to 700 million euros, 170 million euros in reserves, in addition to 700 million euros in overdue money owed for electrical energy and 144 million euros from loans.

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