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Electricity & gas · Greece
Checked 2026-09-30

⏱️ Fixed price or dynamic (hourly) electricity contract in Greece: which is right for me?

The short answer

A fixed price stays the same for an agreed period. A dynamic price follows the wholesale market hour by hour, so it can be cheaper when you shift your use, and more expensive at peak times.

📜 The rules in Greece

Fixed and dynamic contracts

Since 1 April 2026 households with a smart meter that records at least hourly data can sign a dynamic (orange) electricity contract. Every supplier with more than 200,000 customers must offer at least one dynamic contract to households. Universal Service and Last Resort suppliers do not offer them.

  • A dynamic contract must be signed in writing, on paper or electronically, never by phone. Your existing contract can only be turned into a dynamic one after you receive the required information and give your consent. (raaey.gr)
  • The supplier cannot change the pricing terms of a dynamic contract during its term unless you ask for it. You get a bill at least once a month, free of charge. (raaey.gr)
  • RAAEY lists on its website which large suppliers offer dynamic contracts; the list is updated by 5 January and 5 July each year. Dynamic tariffs for small customers are also included in RAAEY's price comparison tool. (raaey.gr)
Official source: raaey.gr · Checked 2026-09-30

🪜 Step by step

  1. Look at how you use energyA dynamic price suits people who can move use to cheap hours, for example with an electric car, a heat pump or a timer. It needs a smart meter.
  2. Check what is on offerSee below what the rules in Greece say about fixed-price and dynamic contracts and who has to offer them.
  3. Read the risks and the termsBefore you sign, the supplier must explain the costs and risks of a dynamic contract. Check the notice period and any exit fee.
  4. Review after a few monthsCompare your bills with what a fixed price would have cost. You can switch again under your contract terms.

📇 Who to contact

energycost.gr (Εργαλείο Σύγκρισης Τιμών ΡΑΑΕΥ) officialCompare electricity and gas offersBefore you switch, or when your price goes up🔗 www.energycost.gr
Ρυθμιστική Αρχή Αποβλήτων, Ενέργειας και Υδάτων (ΡΑΑΕΥ) – Κλάδος ΕνέργειαςSupervises energy companies and explains your rightsFor information, and to report a company that breaks the rules📞 210-3727400🔗 www.raaey.gr/energeia

❓ Questions

Is a dynamic contract cheaper?

Only if you use a lot of power when prices are low. At peak times it can cost much more than a fixed price.

Do I need a smart meter?

Yes. Hourly prices need a meter that records your use per hour or per quarter hour.

Can a fixed price still go up?

Normally not during the fixed period, but taxes and network charges can change. The rules for Greece are on this page.

📎 Sources

Checked: 2026-09-30

🧭 Is this still correct?

We check this information carefully, but phone numbers, websites and rules change — and sometimes we get something wrong. Spotted a mistake or a change? Let us know below.

🔗 Also useful

📈Price increase→🔄Switching supplier→📟Smart meter→🧾Wrong or high bill→💸Can’t pay the bill→

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