Electricity

Customers’ debt to PPC exceeds EUR 2 billion

Published

August 17, 2015

Country

Comments

comments icon

0

Share

Published:

August 17, 2015

Country:

Comments:

comments icon

0

Share

The amount owed to the Public Power Corporation by its customers topped EUR 2 billion at the end of July, the head of its Genop workers’ union Giorgos Adamidis told the Athens–Macedonian News Agency.

He added more than EUR 1.5 billion were households’ liabilities. High voltage accounts for EUR 280 million, where EUR 250 million is debt by energy intensive industries, Adamidis stated. The state is next with a debt of EUR 220 million, half of which is owed by local self-government, and the majority share in that category is held by water supply and sewage entities and local land reclamation organizations.

Households that have switched to other providers owe EUR 300 million, and Adamidis stressed the company asked the Regulatory Authority for Energy (RAE) to block customers from leaving if they have not paid their bills. He insisted measures against debtors would not be aimed at customers unable to pay, but at those who can, but do not pay. Adamidis said there is unfortunately no register with such data yet.

Related Articles

serbia eu region bef 2026 sanja bozinovska cooperation

Božinovska at BEF 2026: Regional cooperation is not a choice, but a necessity

11 May 2026 - The fourth edition of Belgrade Energy Forum (BEF 2026) has brought together 500 participants

Belgrade Energy Forum 2026 EU support necessary decarbonization Western Balkans

Belgrade Energy Forum 2026: EU’s support necessary for decarbonization in Western Balkans

11 May 2026 - The Western Balkans have progressed in decarbonization and integration with the EU's single energy market, but it must add speed, and with EU's help, top officials agreed at Belgrade Energy Forum 2026 in Serbia

Montenegro EPCG trial run of first wind park Gvozd

Montenegro’s EPCG starts trial run of its first wind park – Gvozd

10 May 2026 - EPCG launched the trial operation of its first wind power plant. Gvozd would be the biggest in Montenegro when the second phase is completed.

Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

08 May 2026 - The European Hydrogen Bank (EHB) approved EUR 1.09 billion in the third auction. A Greek JV won with the lowest bid in the general category.