Up to 2001 the company’s pricing policy did not reflect the cost-benefit rule for the services provided by the former companies OYTH and OATH, nor did prices reflect the laws of supply and demand. Before the company was listed on ATHEX in 2001, a new pricing policy was adopted in line with the provisions of Law 2937/2001 which took into account the company’s operating costs and the investment plans it was implementing.
Article 21 of Law 2937/2001 states that in all subsequent 5-year periods EYATH is obliged to decide on the water supply – sewerage pricing mechanism and obtain final approval from the competent ministers. EYATH S.A.’s Board of Directors Decision No. 517/2006 approved the new pricing policy for the 5-year period 2007-2011 which was approved by Joint Ministerial Decision No. 11741/29.12.2006 of the Ministers of Economy & Finance and Macedonia – Thrace (Government Gazette 202/B/16.2.2007, subsequently republished in Government Gazette 3450/B/27.12.2012).
|Prices in €/m3|
|4-month consumption scale||2012 ||2013 -2016|
|0-10 m3||0,45||0,46 |
|11-30 m3||0,62 ||0,63|
|181 m3 και άνω||4,03||4,03|
Large families (with 4 or more children) only pay 60% of their consumption in each 4-month period.
Since 1.1.2014, EYATH S.A. has offered a social household tariff which offers a 50% discount to safeguard vulnerable groups, and in particular people with 3 or more children, the elderly, individuals on low incomes or the long-term unemployed.
The discount relates to:
|Category||Prices 2013 - 2016 (€/m3)|
|Communal taps in apartment buildings||1,06|
|Industries 501m3 and over||0,81|
|Public sector – local government authorities (from € 0.44)||0,65|
|Aid for local government networks which are not EYATH’s customers||0,35|
|Hellenic Petroleum S.A. (under a 20-year contract)||0,60|
|Thessaloniki Port Authority (from € 0.88)||1,00|
These charges are calculated on the total price of water, starting at 60% of the rate in 2006 and adjusted as follows to 2013:
|years||2006 ||2007||2008||2009 ||2010 ||2011 ||2012 ||2013 |
The fixed charges imposed depending on the cross-section of the supply pipe are adjusted by 4% every year as shown in the table below:
|Year (in €)|
|water pipe (cross-section)||Fixed charge per||2013 until today|
Φ13 & Φ20
(½' & ¾΄)
|Φ30 (1 ¼΄)||month||8,00 |
|4-month period||32,00 |
|Φ40 (1 ½΄)||month||10,00|
|Φ80 (3 ¼΄)||month||25,00|
Φ100 - Φ200
(4΄ & άνω)
The fixed charges for ½ & ¾ inch pipes (which are the most common type of pipes in households) are doubled for consumption rates over 40m3 in any 4-month period.
These charges specified in Article 28 of EYATH’s Water Intake Regulation are set based on price for household tariff scale 1 for 2007-2011, multiplied by the number of m3 of water consumed which depends on the cross-section of each supply pipe.
Households with ½ inch pipes (which account for around 99% of all the company’s customers) are charged for 2 m3 of water a month times the price in scale 1. So over the 4-month billing period they are charged for 8 m3.
|year||2006 ||2007||2008||2009 ||2010 ||2011 |
|Water meter maintenance and replacement charges||2.96||3.12 ||3.28||3.44 ||3.60 ||3.76 |
* Water meter maintenance and replacement charges were included in fixed charges from 2012 onwards. From 2012 onwards, no fixed charges apply to the first 10m3.