Electricity allowance - the platform of the ( Power Pass ) has been open - how to apply and who are the beneficiaries,? The submission of applications ends on 30.06.2022.

Compensation for the Power Pass will start at 18 euros and will amount to 600 euros, per meter which is the upper limit, and will apply to those bills that have been issued from December 1, 2021, until May 31, 2022.

The compensation is paid for 60% of the additional charges, after deducting from them the subsidies of the state and possibly of the providers up to the amount of 600 euros.

Examples

•     If someone has extra charges, after deducting the subsidies for that period, totaling 600 euros, he will receive compensation of 360 euros.
•     If the extra charges amount to 800 euros, the compensation will be set at 480 euros.
•     If the extra charges are 1,000 euros, the compensation will be 600 euros, while if
•     If the charges are from 1,000 euros and up again the compensation will be 600 euros.

Useful information about the Power Pass,

•     Who are the beneficiaries: The beneficiaries of the aid are the household consumers of electricity, which are contracted in floating electricity supply tariffs that are adjusted based on the wholesale electricity purchase price. The aid concerns the consumption account of the main residence of the beneficiaries, as well as the rented residence of their children who are studying.
•     Financial support: To receive financial support, each power supply number, for each month, is declared by a single beneficiary. In case a power supply number for a month is declared by two or more beneficiaries, the procedure of distribution of the aid per beneficiary is followed.
•     Amount of compensation: The amount of aid per electricity bill is calculated at 60% of the positive balance resulting from the deduction from the amount of the account adjustment clause and the deduction amounts.
•     Exceptions: In case the account does not concern a floating invoice the applicant is not entitled to receive aid. Also, in case the account does not concern home provision, the applicant is not entitled to receive aid.
•     Calculation: For floating tariffs, which do not indicate separately in their charges the amount corresponding to the adjustment clause, this is calculated implicitly by the energy supplier (the amount resulting after deduction from the amount of the energy supply charge based on consumption, item amount of energy charge for which the price of EUR 120 per MWh is taken into account).
•     Discounts: Discounts granted by electricity suppliers include all types of discounts, the amount of which depends on the energy consumption of the bill. Fixed amount discounts that are not calculated on the energy consumed are excluded.
•     Aid amounts: The financial aid is granted to beneficiaries who have been charged with a total increase in electricity bills issued for an amount over 30 euros and can not exceed 600 euros per beneficiary. The amount of financial assistance is tax-free, inalienable, and unsecured in the hands of the State or third parties.
•     Where to be credited: The amount of financial assistance is credited to the beneficiary's bank account stated in the application.
•     False information: In the event that during the audit of the applicant by the tax administration or other competent audit body, false or inaccurate information is found in the application for financial assistance, twice the amount of aid granted is immediately required.

More information.

The compensation will be received by all natural persons with a net family income of 2020 up to 45,000 euros, for the consumption account of the main residence and the residence of students studying inside, with floating supply invoices, for the period 1.12.2021 - 31.5.2022.

The grant will be deposited in a bank account of the choice of the beneficiary who will have to submit an application in a special application that will be created in the digital portal gov.gr by the Information Society.

For the payment of the compensation, the income of 2020 declared to the Tax Office in 2021 will be taken into account. In any case, a necessary condition for receiving the financial support is that the beneficiary has submitted a tax return for the income of 2020 until May 1, 2022.

Those who submit for the first time this year.

Like a tax return, they should hurry to submit it before submitting the application on the electronic platform for the granting of the allowance. For them, the net family income after-tax deduction, obtained in 2021, will be taken into account.

For households that have a common clock (eg duplexes), the subsidy will be given to the beneficiary whose VAT number is indicated in the electricity bill. In case the TIN does not belong to any of the beneficiaries, the amount of the subsidy is distributed to the beneficiaries.

The amount of the grant is tax-free, inalienable, and unsecured in the hands of the State or third parties, by way of derogation from any general and special provision, are not subject to any withholding, fee, or contribution including the special solidarity contribution, is not bound and is not offset the tax administration and the State in general, the municipalities, the regions, the insurance funds, as well as the credit institutions and it is not calculated in the income limits for the payment of any benefit of social or welfare character.