Helen Announces Increase in Exchange Electricity Contract Prices: Impact on Customers and Their Bills Explained

Due to rising balance electricity costs and operational expenses, Helen has announced an increase in the prices of its exchange electricity contracts. Effective from June 1st, the basic fee for exchange electricity contracts will see a 0.97 euro increase, 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 main reason for the margin increase is primarily the rise in balance electricity costs. 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 result in an average monthly increase of around 1.14 euros for residents in typical apartment buildings and approximately 2.47 euros for residents in single-family homes with electric heating.

It’s important to note that these prices have been calculated without factoring in any changes in the electricity exchange prices. As a result, customers can expect to see an increase in their electricity bills due to these price adjustments.

In conclusion, Helen has announced an increase in the prices of its exchange electricity contracts due to rising balance electricity costs and operational expenses such as inflation and salary costs. The new prices include value added tax and are expected to lead to an average monthly increase of around 1.14 euros for residents in typical apartment buildings and approximately 2.47 euros for residents in single-family homes with electric heating