Power company settlements almost doubled in 2012
It was announced in parliament that DEI, the state electrical company, almost doubled the settlements with customers unable to pay their power bill in 2012. In 2011 400,000 customers settled their bill, with the div jumping to 700,000 in 2012.
The divs were announced in parliament when Democratic Left MP Vasilis Economou asked a question regarding DEI’s social tariffs. The Deputy Minister of the Environment, Energy and Climate Change Asimakis Papageorgiou informed the ministry that he will examine the Regulatory Authority for Energy’s estimation on DEI cost, before deciding upon any changes to the social home tariffs.
It was also revealed in parliament that the power company’s board of directors approved a 3 million euro budget for its advertising campaigns and events. The document outlining the budget mentions that the 3 million reflects 0.054% of their work cycle, when most similar-sized companies invest 1.20% in advertising.