Prepaid Bill Plan
Join the Prepaid Bill Plan and enjoy an extra 2% discount
Simply dial 11770 to find
out how much needs to be prepaid and submit your request online via the contact form
The Prepaid Bill Plan offers a 2% discount on the electricity
usage charges for those customers who opt to join the plan from January
1st 2020 and
prepay one year’s electricity bills.
Combining this with other plans available, like the 5% discount for customers
who pay their bills consistently, customers can enjoy up to 7% off the electricity usage charges in their bills.
1. Categories of
customers who can join the Plan
Professionals, businesses and households on the following tariffs can join the
plan:
• Residential tariffs Γ1
and Γ1Ν, Business Tariffs Γ21, Γ22
and Γ23, as well as the
low voltage Agricultural Tariff and the street and square lighting tariff
• Tariffs ΒΓ, ΒΧ and ΒΥ,
ΒΜ1, ΒΜ2 as well as medium voltage Agricultural Tariffs.
The following categories of customers are not eligible for the Plan:
a) customers who already enjoy beneficial tariffs such as those on the Social
Residential Tariff or the Solidarity Services Tariff,
b) customers in the Roofs Special Plan (for roof-top photovoltaic panels) and
self-producers of electricity who use net metering.
Customers with a repayment plan in place who want to join the Prepaid Bill Plan
first need to pay off the total amount owed under their repayment plan.
2. How to join the plan
1. Submit an application and sign the plan’s terms and conditions. This can be
done online by filling out the relevant contact form, or at any branch of PPC or at Large Customer Service
centres
2. Pay the agreed amount within 10 days of the date on which the application
form and terms and conditions were signed
3. Once that is done you will automatically be included in the Prepaid Bill
Plan.
3. How is the amount to
be prepaid calculated?
The Plan requires prepayment of all charges (electricity usage charges,
regulated charges, charges payable to third parties) which are included in
Estimated and Actual electricity bills for the latest year.
To calculate the amount needed to be paid upfront, we look at historical data
for each individual customer obtained from the PPC’s computer systems. In other
words, we look at the level of Estimated and Actual bills during the previous
year and extrapolate the total figure for a 12-month period.
4. How the 2% discount works
The 2% discount is calculated on electricity supply charges in
each Actual bill.
While the Plan is in effect only Actual bills for amounts actually used will be
issued, to which a 2% discount will then be
applied. Detailed information will appear in the bill about the amount offset
against the sum which has been prepaid, and about the plan’s upcoming expiry,
etc.
The 2% discount will apply until the prepaid
amount has been used up. If the prepaid amount is not used up during a calendar
year (a 12-month period) the plan will remain in effect for another 6 months
until that amount is used up. After those additional 6 months, if there is any
balance left, it will be credited to the customer’s account.
Note that all existing discounts, such as the 5% discount for being a
consistent payer, will continue to apply in addition to the 2% discount.
- The Plan's term and Conditions (files in Greek)