Cyprus Mail
Cyprus

Electricity bills down 4.5 per cent as of November

The Electricity Authority of Cyprus (EAC) announced a 4.5 per cent drop in the price of electricity on Thursday that will be applied to November bills, set to be received this month.

According to EAC spokeswoman Christina Papadopoulou, the fall in price is primarily due to the fall in international fuel prices and due to better management within the organisation.

“An 800KW usage for two months will cost €138 in December. Last year this would have been €178,” she said.

The measure will affect the 05, 06, 07 and 08 household tariffs.

The EAC also announced they would not be cutting off power for people with unpaid bills in light of Christmas celebrations. The move will be effective for four weeks, starting from December 14 to January 10.

This year, electricity prices fell by 22 per cent while over the past two years the decrease has hit the 27 per cent mark, Papadopoulou stipulated.

“Over the past three years there has been a 40 per cent decrease.”

Related Posts

Two arrested in north during protests over new complex

Nikolaos Prakas

EUMed-9 summit cancelled, Anastasiades returning home

Nick Theodoulou

Police taking measures to protect state pathologist

Nikolaos Prakas

An experience for all the senses

Paul Lambis

Business sector disappointed over decision to suspended incentives to airlines

Nikolaos Prakas

Cypriots in Famagusta (video)

Theo Panayides

5 comments

Comments are closed.