Electricity bills, anti-corruption among big issues on House agenda
The legislature dives back into business this week and the next, with a packed agenda featuring a number of important bills and issues, starting with...
electricity bills
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...
President rejects law cutting VAT on electricity bills
Main opposition Akel accused the government of being authoritarian after it transpired Tuesday that the president would veto a recent law passed by opposition parties...
Cabinet approves VAT cut on electricity bills
The cabinet on Monday approved cuts in VAT on household power bills as part of its policy to tackle the fallout from the rise in...
EU greenlights VAT cuts on electricity bills
The European Commission’s VAT committee has approved the government’s proposal to cut VAT on household electricity bills, the finance ministry announced on Monday. A statement...
Additional cut to VAT on electricity bills for three months
The government has notified the EU of its intention to cut VAT on household electricity bills from 19 per cent to 9 per cent for...
MPs fail to agree over VAT cut on electricity bills
An Akel proposal to slash VAT on electricity bills from 19 per cent to 9 per cent to shield consumers from rising prices came before...
Cabinet cuts VAT on electricity bills for vulnerable groups
The cabinet on Thursday approved a reduction of VAT from 19 per cent to 5 per cent on electricity bills for vulnerable groups for six...
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...
Electricity bills to be slashed by 10% for next four months (Update 2)
The government on Friday announced a 10 per cent discount on electricity bills for the next four months, as well as renewable energy schemes aimed...
Discount on electricity bills expected in a few days
Government departments and the power company (EAC) expect to finalise a discounted rate on electricity bills in the next few days, Energy Minister Natasa Pilides...
EAC unions ask whether authority could absorb some of rising costs
State-owned electricity authority (EAC) unions said Friday they supported looking into whether the company could absorb the rising cost of production so that consumers won’t...
MPs mull ways to reduce electricity bills
Lawmakers on Tuesday reviewed various ways in which electricity bills might be reduced, including by scrapping the levying of VAT in certain cases but it...
EAC hikes: a perfect storm
Electricity prices will not be coming down for the foreseeable future By Elias Hazou Electricity prices will not be coming down for the foreseeable future...
EAC bills higher only because 2020 prices were ‘historically low’
Costlier fuel internationally after the historic lows of 2020 is pushing up electricity prices, with consumers facing a 38 per cent increase in their August...
Coronavirus: EAC extends 10% reduction on bills for two more months
The state power company (EAC) said Wednesday it was extending a 10 per cent reduction in prices for two more months as part of efforts...
EAC urges customers to pay online, temporary freeze on power cuts for unpaid bills
The electricity authority (EAC) is urging its customers to pay their bills online since its customer service centres will not be accepting any payments between...
EAC: Electricity bill overcharging will be rectified
The electricity authority (EAC) on Monday reassured consumers that it would rectify the overcharging in some bills caused by a software technical problem. The EAC’s...
RES charge on electricity bills to be halved
The House commerce committee decided unanimously on Tuesday to cut the renewable energy charge on electricity bills by half per KwH from one cent currently...
Shopkeepers urge govt to increase efforts to reduce emissions
The leader of small shopkeepers ‘union Povek met with Energy Minister Yiorgos Lakkotrypis on Wednesday to discuss ways of reducing Cyprus’ carbon emissions. During the...
