Greece Backs Second Renewable-Energy Tax Increase in Five Months

Greece Backs Second Renewable-Energy Tax Increase in Five Months | Renewable Energy News Article

renewableenergyworld.com 14 Jan '13, 2pm

Greece Backs Second Renewable-Energy Tax Increase in Five Months

The levy, which compensates Lagie for guaranteeing fixed power prices to clean-energy producers, will rise to an average 9.30 euros ($12.35) a megawatt-hour from 7.50 euros, the watchdog said in a statement on its website . The increase is backdated to Jan. 1 and valid for six months. Greece, whose financial crisis began in 2009, has like other European countries introduced a feed-in tariff that pays renewable-power generators above-market rates for their output. The nation has fast-tracked solar projects to help revive its economy, which remained in a recession for a fifth year in 2012. Household users will now pay 9.53 euros a megawatt-hour under the tax changes, up from the 8.74-euro charge applied on Aug. 1, according to the statement. The difference between the feed-in tariffs and the prices charged to end-users, which are decided by the Energy Ministry, has resulted ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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Greece Backs Second Renewable-Energy Tax Increase in Five Months: Greece's energy regulator approved higher re.. [link]
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Greece Backs Second Renewable-Energy Tax Increase in Five Months [link] #hydropower #solarenergy
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Greece Backs Second Renewable-Energy Tax Increase in Five Months [link]
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Greece Backs Second Renewable-Energy Tax Increase in Five Months [link]
@PvSolarSolution » 14 Jan '13, 3pm
Greece Backs Second Renewable-Energy Tax Increase in Five Months [link]
@FuturePowerGen » 14 Jan '13, 2pm
Greece Backs Second Renewable-Energy Tax Increase in Five Months [link]
@FuturePowerGen » 14 Jan '13, 2pm
Greece Backs Second Renewable-Energy Tax Increase in Five Months [link]