EAC: many consumers say they were overcharged
Less than a week after EAC issued advice to consumers who believe there were discrepancies between their meter readings and their electricity bills, the authority confirmed on Wednesday that a “...
Consumers should not have to ‘chase down’ EAC refunds, Peo says
Trade union Peo has called on the Electricity Authority (EAC) to take the initiative and detect and correct meter readings instead of expecting consumers themselves having to chase after them ...
Huge bill discrepancies forces EAC to issue advice to consumers (Updated)
By Jonathan Shkurko and Elias Hazou
Amid heightened concern among the public over costly energy, the Electricity Authority of Cyprus (EAC) on Thursday issued advice to consumers on what to ...
EAC must answer for pollution near power plants, MPs say
Measures must be taken immediately to tackle the pollution caused by EAC substations in Dhekelia and Vasiliko, the House environment committee heard on Wednesday.
Deputy committee chair Nicos Kettiros said ...
Electricity Authority workers say staff shortages in all departments
Trade unions representing workers in the electricity sector have sent a letter to Energy Minister Natasa Pilides asking her in turn to appeal to the EU in order to lower ...
Auditor slams renewables restrictions for EAC
The auditor-general has slammed the energy regulator for its recent decision to deny the Electricity Authority of Cyprus (EAC) any more licences for photovoltaic projects, noting that this will ultimately ...
Lower VAT on EAC bills, boost to pensions to cushion runaway prices (Update 1)
Cabinet on Friday approved a €103m package to help households ride out a surge in the cost of living fueled by sharp increases in energy prices as a result of ...
New EAC general manager appointed
The Electricity Authority of Cyprus (EAC) on Wednesday announced its decision to appoint Adonis Yiasemides as the new general manager.
The decision was taken during a meeting of the board ...
‘Constant electricity hikes have made people destitute’
A squabble broke out in parliament on Thursday over the high cost of electricity in Cyprus that are choking the public, with the opposition blaming the administration for ineptitude and ...
EAC to pay €183m for CO2 emissions this year
For this year the state-run power corporation estimates it will spend €183 million on purchasing greenhouse gas emissions allowances, while the cost of fuel purchases is projected at €485 million.
The numbers ...
Akel, president discuss ways to cut electricity prices
President Nicos Anastasiades on Tuesday met Akel leader Stephanos Stephanou to discuss a series of proposals the main opposition party believes will help tackle rising electricity costs.
The meeting was ...
High winds cause power outages around the island
High winds across the island on Sunday left certain areas without power since Saturday night, the Electricity Authority (EAC) said.
Areas in Nicosia, Limassol and Paphos were affected.
EAC spokesman ...
Freezing mountain communities call for more state aid (Update 2)
As the cold snap continued across Cyprus on Wednesday and overnight temperatures set to fall to -9C in some areas, mountain communities have complained about inadequate heating subsidies.
Civil ...
House rejects president’s veto on lower VAT for electricity (updated)
Parliament on Tuesday rejected a presidential veto of a bill passed by opposition parties to cut VAT on electricity bills from 19 per cent to 9 per cent across the board for ...
EAC says Strovolos customer service centre closed due to Covid case
The EAC said on Monday that its Strovolos Customer service centre will remain closed today Monday 27 and tomorrow Tuesday 28 December due to a coronavirus case.
The other customer service centres ...
Anastasiades vetoes bill to cut EAC bills to 9%
As expected, President Nicos Anastasiades has vetoed a bill passed by opposition parties to cut VAT on electricity bills from 19 per cent to 9 per cent across the board for an ...
EAC to increase number of car charging points
The Electricity Authority of Cyprus (EAC) plans to install and operate ten more charging stations for electric vehicles next year, bringing the number across the island to around 30.
Two of ...
Tales from the Coffeeshop: Our amazing transformation into a nation of tree-huggers
I WOULD never have thought that the majority of we Cypriots are suppressed eco warriors deeply concerned about climate crisis and prepared to make big personal sacrifices to save the ...
A guaranteed investment?
The taxpayer pays for provident fund gambling
Notwithstanding my 42 years operating in the real estate market of this country, I’m still learning from the wrongdoings and sick mentality that ...
Cyta restores phone services after outage (Updated)
Cyta on Tuesday said it had restored phone services, and some mobile services, after they went down for around three hours earlier in the morning.
“Communication with all essential services ...
Stranglehold of EAC remains
Still a way to go before cheaper electricity despite passing of ‘landmark’ energy liberalisation bills
By Elias Hazou
Despite the pageantry surrounding the so-called ‘opening up’ of the electricity market ...
EAC to spend €1.6 billion on infrastructure
The Electricity Authority of Cyprus (EAC) on Tuesday presented its ten-year development programme for the 2021-2030 period, envisaging some €1.6 billion in infrastructure expenditures.
Speaking in parliament, EAC Transmission Manager Costas ...
House passes ‘landmark’ electricity liberalisation bills (Updated)
After years of start-stop discussions in committee, the House on Thursday passed the legal framework for opening up the electricity market – with the energy minister hailing it as the single ...
EAC to take €24 million hit for reduced bills
The Electricity Authority of Cyprus (EAC) will take a revenue hit of around €24 million following a decision to offer a 10 per discount on utility bills over the next four months, ...