Electricity Prices on the Rise: Helen Announces Increase in Exchange Electricity Contract Fees

Due to rising balance electricity costs and operational expenses, Helen has announced that it will be increasing the prices of its exchange electricity contracts. Effective from June 1, the basic fee for exchange electricity contracts will see an increase of 0.97 euros, bringing it to 3.93 euros per month. Additionally, the margin will be raised by 0.1 c/kWh, increasing it from 0.38 c/kWh to 0.48 c/kWh. These prices include value added tax.

Helen has stated that the reason for the margin increase is primarily the rise in balance electricity costs, while the increase in the basic fee is attributed to higher operational expenses such as inflation and salary costs. The company has calculated that these changes will lead to an increase of approximately 1.14 euros per month for residents in typical apartment buildings and around 2.47 euros per month for residents in single-family homes with electric heating.

It is important to note that these prices have been calculated without factoring in any changes in the electricity exchange prices, which may result in further increases in electricity bills for customers.