2.1 Million Greeks Face Blackout As Public Power Company Unpaid Bills Soars

Thursday, November 5, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/05/2015

Greece’s Public Power Company is angry. The amount of unpaid bills by its customers has reached the astronomic EUR 2.5 billion. The PPC is so angry that it plans to cut the power to those without outstanding debts as soon as possible – a whopping 2.1 million Greeks face darkness.

As KeepTakingGreece reports, many Greeks cannot afford to pay the bi-monthly bill mostly because the amount to be paid doubles due to added extra fees like emissions, green-whatever, municipality fees, state tv fees, etc.

For example bi-monthly electricity consumption is estimated by DEH to be €52 but i am asked to pay €100 becausee of the extra charges. The bill includes 13% Value Added Tax but also “interest” of €0.44 although I pay per monthly bank order and I am never late. Every 4 months I receive a bill based on my real consumption – and not just an ‘estimation’ – and then I find my self in a state of passing out. Summer months are more expensive due to the use of A/C, winter months are also expensive due to the use of electric devices like A/C to heat the apartment. Bills explode to several hundred euros.

I am not alone in my struggle to pay the bill. But many cannot even afford it.

The Rest…HERE

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