Electricity theft costs PPC 170 million euros annually – Greece, 5 May 2017

According to Greek Regulatory Authority for Energy (RAE), electricity theft is costing state-controlled Public Power Corporation (PPC) about 170 million euros in lost income each year.
PPC has already been hit by 2.2 billion euros in unpaid bills as Greece’s seven-year economic crisis leaves a growing number of households struggling to pay. That, and Greece’s use of easy-to-hack analogue meters, has encouraged energy fraud in poor neighborhoods.

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