Househeating Pulse
EU Heat-Pump Market Intelligence

← All countries

Greece GR

warmer climate · Currency EUR

€0.2378/kWh
Electricity (Eurostat)
€0.0918/kWh
Gas (Eurostat)
1153
Annual HDD₁₈
9.2 °C
Mean January temp.

Subsidy programmes

No subsidy programmes seeded for this country yet.

Estimated installed cost

Fully turnkey ranges (equipment + labour + DHW where typical) for Greece. Compiled from JRC/EHPA market data and national subsidy program ceilings — not quotes for any specific model.

Air-to-water · 8–14 kW

€13ktypical
Range €9k€17k

€11–14k typical, much higher in Athens metropolitan installations.

Source: Exoikonomo 2024

Best-case net cost after the largest available subsidy is shown where applicable in the subsidies section above. Use the payback calculator to combine these with your fuel tariff.

Electricity price history

PeriodIncl. tax €/kWhExcl. tax €/kWh
2025-070.23780.1951
2025-010.22940.1939
2024-070.23110.1930
2024-010.22180.1888
2023-070.23090.1905
2023-010.23270.1876
2022-070.24380.4556
2022-010.21010.2950
2021-070.19740.1588
2021-010.16800.1305
2020-070.16410.1278
2020-010.16740.1285