Electricity subsidies: How to get the extra 15% discount and the 50 euro “bonus”

The Minister of Energy Kostas Skrekas made announcements regarding electricity subsidies, and made known the new subsidy model which will be scalable and will also have an extra 15% bonus for those who save electricity.

The new subsidies will be scaled in relation to consumption and householders will have an extra 15% discount on their electricity bills if their consumption is lower than in the corresponding period last year.

In addition, to “achieve” the extra bonus of the discount, you can visit the website of the Ministry of Environment and Energy, https://ypen.gov.gr/ and find 23 suggestions and ideas for saving energy.

The new tiered subsidies and the extra 15% discount

For monthly consumptions up to 500 KWh we absorb 90% of the increase, with the subsidy reaching €436/MWh. It concerns 90% of households in Greece.

For monthly consumption from 501-1000kWh we absorb 80% of the increase, with a subsidy of €386/MWh. However, if a household reduces its average daily consumption by 15% compared to last year, then the subsidy increases by €50/MWh.

For monthly consumption above 1001KWh, we absorb 70% of the increase and the subsidy amounts to €336/MWh. It concerns only 2% of households in Greece. And on this scale, the additional subsidy of €50/MWh applies, if there is a 15% reduction in consumption.

In the households that are included in the Social Household Tariff (COT) we absorb, as every month, almost 100% of the increase and the subsidy amounts to €485/MWh.

Ways to save energy for the “bonus” of 50 euros
Isolation of unused spaces

We close heating bodies and internal doors (if any) leading to corridors or near stairs. Thus, we close the natural air passages, preventing the warm air from escaping through the house.

Free radiators

The radiators must not be covered, e.g. with covers, or to obstruct their performance by furniture.

We seal doors and windows

We install insulating tapes or curtains. According to studies (DOE), when drawn, curtains can reduce heat loss from a hot room by up to 10%. We can also put films on windows and balcony doors or only in rooms we don’t use.

We check the insulating rubber on the doors of refrigerators, freezers and ovens, so that it makes good contact and there is no loss of energy (loss of cooling).

We limit the time we leave the refrigerator door open – In this way we minimize the temperature recovery time (loss of cooling, refrigerator light) and consequently the consumption from the operation of the motor is reduced.

We adjust the thermostat

a) The cooling system of refrigerators and freezers at a higher temperature.

b) The water heater at lower temperatures.

c) The air conditioning (if we leave it on) during the hours of our absence from home at a lower temperature. Also during sleep we can reduce the temperature up to 2 degrees.

Placing household appliances (e.g. refrigerator, freezer and clothes dryer) away from heating sources.

We wash our clothes in the washing machine at a low temperature.
Close devices when in standby mode (stand-by).

When we are not using the fireplace, the chimney must be closed by its shutter.

We close our oven 10-15 minutes before the end of cooking, as the heat that exists is sufficient to prepare our food.

Cookware must fit snugly in the eyes of the kitchen.
Whenever possible we use a pressure cooker when cooking.

We lower the brightness as much as possible on devices with screens (eg PCs, TVs).

Installation of a programmable thermostat

A programmable thermostat allows different temperatures to be preset for different times of the day. A programmable thermostat saves money on both air conditioning and heat.

Installation of thermostatic valves on radiators

They allow the automatic adjustment of the flow of hot water according to the desired temperature of each room separately. They are placed locally on each radiator individually and they progressively regulate the flow of hot water. Thus each heating body becomes independent and is automatically isolated when the desired temperature is reached, while the rest of the spaces that need heating continue to operate

Installation of compensation system in the boiler

Heating/cooling system maintenance, e.g. boiler, heat pumps, air conditioners

Installation of a solar water heater

Replacing appliances with highly energy-efficient appliances based on the energy labeling framework and EnergyStar specifications.

Replacement of light bulbs with LED technology.

Replacement of the existing frames with new heat-insulating – energy-efficient ones.

Installation of an energy management system

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