News

Electricity supplier switching in Greece nearly doubles in 2019

Electricity supplier switching Greece 2019

Photo: Pixabay/martinasky97

Published

August 14, 2020

Country

Comments

comments icon

0

Share

Published:

August 14, 2020

Country:

Comments:

comments icon

0

Share

Electricity supplier switching in Greece in 2019 jumped 89% against 2018, reflecting growing consumer confidence in independent suppliers and the effectiveness of discounts and other offers designed to attract customers.

Slightly over 576,000 consumers, or 8.5% of the total number, switched their supplier last year, compared with 4.51% in 2018, according to Greek energy news portal energypress, which cited data from the country’s Regulatory Authority for Energy (RAE). The total number of electricity consumers in Greece is about 6.78 million.

State-controlled power utility PPC remains dominant in the market despite increasing competition

Competition in the Greek electricity market appears to be intensifying, energypress noted, recalling that a total of 24 independent suppliers are currently active in the country.

Even so, state-controlled utility Public Power Corporation (PPC) remained dominant in 2019, with 83.95% of all consumers in Greece, supplying 27.7 million MWh of electricity and commanding a 71.13% share of overall electricity consumption.

Households led the way in switching electricity suppliers in 2019

In 2019, households showed the highest degree of mobility, followed by businesses and industrial customers (mid and high-voltage consumers), according to the RAE report. In the mid-voltage category, 834 business and industrial consumers, or 9.19% of the total number, switched their electricity suppliers in 2019.

Independent supplier Protergia, a member of the Mytilineos group, was ranked second in terms of the total number of customers in 2019, supplying to 181,232, followed by Elpedison, with 171,143 customers, Heron (140,812), Watt & Volt (127,364), Zenith (73,968), Volton (69,688), NRG (52,961), Fysiko Aerio (39,881), Volterra (35,748) and KEN (33,997), the report showed.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

eric scotto akuo bef 2025

Eric Scotto: Falling storage and renewables costs will help meet rising electricity demand

04 June 2025 - Thanks to falling costs, renewable energy has already won the race against nuclear power, Eric Scotto said at BEF 2025

montenegro auctions renewables sahmanovic

Montenegro preparing first renewable energy auction to accelerate green transition

03 June 2025 - A model for Montenegro's first auction for market premiums for solar power was outlined at an event in the capital Podgorica

bih trebinje zhongbo wind farm

Zhongbo Group to install wind farm near Trebinje

03 June 2025 - In September last year, the Government of the Republic of Srpska signed an agreement on strategic cooperation with Zhongbo Group

bih cbam cost analysis federation bih niksic

CBAM could cost BiH up to EUR 1.6 billion; PM Nikšić signals potential delay

03 June 2025 - The analysis was prepared by the Ministry of Foreign Trade and Economic Relations of BiH, with support from EU and the EU4Energy project