Helen Announces Increase in Exchange Electricity Contract Prices to Address Rising Costs

In response to rising balance electricity costs and operational expenses, Helen has announced that it will be increasing the prices of its exchange electricity contracts. The new prices, which take effect from June 1, will result in a 0.97 euro increase in the basic fee for exchange electricity contracts, 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.

According to Helen’s CEO, 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 the prices published by Helen 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 as a result of these price adjustments.