The Fund is an independent entity with its own resources and budget. The main source of income of the Fund, with which it finances the Support Schemes and covers its operating and other expenses, is the Consumption Fee (or “RES Fee”) imposed on all electricity consumers. The fee is collected by the electricity supplier (EAC) through the electricity bills.
The Fund’s budget is established each year by the Committee and is subject to the approval of the Council of Ministers and the House of Representatives. The budget covers the financial program of the Fund for each financial year, which starts on 1st January and ends on 31st December.
Budget of the Fund for 2023 (Law 53(ΙΙ)/2022) - (GR)