Summer hours of reduced power rates

The Hellenic Electricity Distribution Network Operator (DEDDIE) announced on Monday that from Tuesday the summer timetable for the bizonal cheaper-rate electricity tariff (previously known as the “nighttime” tariff) will begin to apply.

The hours of reduced-price electricity for eligible consumers are from 11 a.m. to 3 p.m. and from 2 a.m. to 4 a.m. The summer reduced-rate timetable will remain in effect until October 31.

The switch to a bizonal system of reduced-rate tariffs, which came into effect as of February 1, was to offer consumers lower rates during the hours when power is cheapest, as a result of the penetration of RES.