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Thursday 14 November 2013

350K Greek households without electricity thanks to property tax



350K Greek households without electricity thanks to property tax
Living without electricity in Greece has reached enormous proportions as thousands of households are unable to pay their electricity bills that skyrocket due to several additional energy charges, municipality fees and the so-called “emergency property tax”.
More than 350,000 property owners and tenants cannot pay in time the amount on the electricity bills with the effect that Public Power Company (DEH) cuts off their electricity supply.
About 10% of these households (35,000) forced to live in the dark seeks the aid of ‘activists’ who illegally reconnect the power, despite the risk to face prosecution and criminal charges.
It is only 6:10 households (210,000) that pay the bill and reconnect power, while the rest remains also weeks in the dark.

Indicative of the tragic situation is the the power outage increased in the last two years, since the “emergency property tax” was included in the electricity bills.
Electricity bill* for a 110 sqm apartment for 3 months:
   Electricity consumption  €   70 (ca 800kWh)
   Value Added Tax 13%    €     9    =    €  79
   Fees (emissions,
    power transport etc       €  42    =
   Municipality Fees
       & property tax             €  41
  Public Broadcaster           €    9
Emergency property tax  €130 (installment) = € 222
                          Total:  €310
 considering the unemployment rates of 27% this is a nice batch of money
 * the example is just indicative
While the number of power cuts was 300,000 in 2012, it recorded a 15% increase in 2013 reaching 350,000 and before the year expired, according to data provided by Giorgos Kollias, president and CEO of DEDDHE, a subsidiary of Greek PPC.
Since Greece sought the aid of International Monetary Fund, the electricity outages almost doubled (80%), reaching 241,000 in 2010. The power disconnections referred mostly to main residence and summer house, while 30%-40% affected businesses that closed down due to economic crisis.
Regarding the outstanding debts in electricity bills, they now exceed 1.3 billion euro, while 700,000 payment settlements were arranged in 2012.
Exclusive report published in daily Efimerida twn syntaktwn via zougla.gr
- See more at: http://www.keeptalkinggreece.com/2013/11/13/350k-greek-households-without-electricity-thanks-to-property-tax/#sthash.GFo4CXSl.dpuf

1 comment:

  1. People on a fixed income such as Senior citizens who have retired, can be greatly affected by the increase of property tax. The value of their homes increase, but at the same time they find themselves unable to pay their taxes because of their reduced income. Unfortunately, property tax doesn't allow much wiggle room in the event of acts of nature or personal tragedy. Read More

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