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 hemofarm rooftop solar plant vrsac

Hemofarm commissions one of largest rooftop solar plants in Serbia

27 February 2026 - The largest rooftop solar plant in Serbia is on the buildings of polymer products maker Peštan

bih republic of srpska loans garanties power plants distribution grid petar djokic

Republic of Srpska plans EUR 204 million in loans for power plants, grid

27 February 2026 - The Republic of Srpska is ready to issue guarantees for BAM 400 million (EUR 204.5 million) for coal power plants and the distribution grid

Romania earmarks subsidies for standalone BESS projects

Romania earmarks subsidies for standalone BESS projects

27 February 2026 - Romania expects ten projects for standalone battery energy storage systems (BESS) to benefit from its new EUR 150 million support scheme

vlasina hydropower plants cascade eps modernization rehabilitation

Serbia officially launches modernization of Vlasina hydropower plants

27 February 2026 - The rehabilitation project will increase the installed capacity and extend the operating life of the Vlasina hydropower cascade