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An increasing number of Greek households are switching to blue (fixed) electricity tariffs, drawn by the prospect of more stable and potentially lower energy costs.
According to the Athens-Macedonian News Agency, consumers who chose fixed-rate tariffs at the beginning of 2024 and used up to 300 kWh per month saved an average of €200 over the year, compared to those on floating-rate plans. The comparison includes yellow tariffs, set at the end of each month, and green tariffs, set at the beginning of each month.
Data from RAAEY, the national energy regulator, shows that consumers on green floating tariffs paid an average of €545 in electricity costs over the course of 2024. Those on yellow floating tariffs paid slightly less, averaging €533. In contrast, households on blue fixed-rate tariffs – locked in at 12 cents per kWh in January – paid an annual total of around €396. Some fixed-rate deals even dipped below 10 cents per kWh at the time.
The appeal of price predictability has driven strong growth in fixed-tariff subscriptions. Household consumers on blue tariffs rose from 161,461 at the start of 2024 to 800,265 by year’s end, a fivefold increase. Current market estimates suggest that over one million consumers are now subscribed to fixed-rate electricity plans.
The trend aligns with broader patterns across the EU, where the majority of consumers, particularly in more mature energy markets, prefer the stability of fixed-price contracts.
