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

croatia sos children village Lekenik solar zez

Children’s first solar village in Croatia rushes toward energy independence

06 March 2026 - SOS Children's Village Lekenik, located between cities of Zagreb and Sisak, has installed a 100 kW solar power plant

Major BESS investments in Romania advancing to completion

Major BESS investments in Romania advancing to completion

06 March 2026 - Several companies achieved progress in their projects for large battery energy storage systems in Romania, both for colocated and standalone facilities

bih coal power plant stanari eft 2050 aleksandar milic

Stanari coal power plant in BiH to operate until 2050 – CEO

06 March 2026 - Aleksandar Milić, CEO of Elektrane Stanari, said the surplus electricity the company used to export is now sold on the domestic market

Loan consideration first part Alcazar wind farm project Štip North Macedonia

Loan under consideration for first part of Alcazar’s wind farm project in North Macedonia

06 March 2026 - EBRD and IFC expressed willingness to provide a long-term loan for Alcazar Energy Partners' Štip wind power project in North Macedonia