Electricity Prices on the Rise: What You Need to Know About Helen’s Latest Announcement

The company has recently announced that it will be raising the prices of its exchange electricity contracts due to a number of factors, including rising balance electricity costs and operational expenses. From June 1, customers can expect to see an increase of 0.97 euros 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, the reason for the margin increase is mainly due to the rise in balance electricity costs. However, 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 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’s worth noting that the prices published by Helen do not take into account any changes in electricity exchange prices. As a result, customers can expect to see an increase in their electricity bills as a direct result of these price adjustments.

In conclusion, customers should be aware of these price adjustments and budget accordingly if they want to avoid any unexpected charges on their electricity bills from June 1st onwards.