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January 13, 2015

Ambitious natural gas subsidy plans put on hold

An ambitious subsidy plan from Greece's Ministry of Environment to replace heating oil with natural gas boilers has apparently put on hold, with almost 10,000 applications pending.

According to a report in the Ta Nea newspaper, thousands of consumers are still waiting for the government to implement the proclamation it made in September. The report reveals that some 15 million euros from the Public Investment Program were to be provided as subsidies to fund the central heating upgrades. However, with half of the winter season almost over, the January 25th elections and the process for connection to the natural gas network taking about two months, many Greek consumers are bound to be disappointed because the plan will probably not be applied this winter season.