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From energypress.gr ... In this climate who wants the government to ask the administrations of utilities proposing new cuts and reduce operating superpanele costs appeared yesterday the head of PPC A. Zervos, who argued that there is still room for further reductions in operating costs of the company. Apart from the reduction superpanele in payroll expenses to Mr. Zervos presenting to analysts the first quarter results, PPC has set additional targets savings in expenditure categories such as overtime, away, third party services, etc. Note that in the first quarter spending PPC's payroll showed significant reduction by 19.1% or 67.4 million compared to last year. Apart from reductions in operating, Mr. Zervos substantive announced new changes in PPC tariffs from 2012 without entering into further details specifying which categories of consumers will influence who would bring increases and if there will be - as it happened with increases in January - reductions in some other categories of customers. It is expected superpanele that the anticipated adjustments superpanele of tariffs in 2012 will further reduce distortions in the retail electricity market in the development of healthy competition, he said Mr. Zervos. superpanele He said that there are still advantages of alternative suppliers based on unequal terms with results recorded superpanele sales growth of competitors in the retail market in selected customer segments. PPC due to these distortions reduced electricity sales by 9% while market share declined from 98.1% to 93.4% The phenomenon according to Mr. Zervos resulted in a decrease in revenue from energy sales by 9 %, while compared to last year PPC shows market share of 93.4% versus 98.1% last year. According to the analytical data presented to analysts in the first quarter of 2011, the PPC showed a decrease of 4,7% in sales of 12.110 superpanele GWh 12587GWh versus the first quarter of 2010. The larger crown loss (558GWh) appear at low voltage followed by medium voltage superpanele where the reduction reaches 102GWh. Independent suppliers increased their sales in 861GWh from 246GWh.
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