#electricity bills

Energy Minister George Papanastasiou on Friday said he is unsure whether the opening of Cyprus’ electricity grid to private companies will lower people’s electricity bills. Speaking to the Cyprus ...

The Electricity Authority (EAC) has sent out vouchers worth €20 each to vulnerable consumers for the purchase of energy-efficient LED bulbs, to replace their old ones, with the aim of reducing ...

The head of the certified electricians’ association, George Kyriakou, on Wednesday warned the public about faulty cut-off switches linked to photovoltaic (PV) installations, and separately cautioned against rushed installations of ...

Cypriots pay the second-highest rates for electricity in Europe when adjusted for spending power, Eurostat data released on Tuesday showed. Only consumers in the Czech Republic pay more for their ...

President Nikos Christodoulides announced the reduction of VAT for home electricity consumption during his televised address to the nation overnight. During a review of what had been achieved during his ...

The House plenary on Thursday evening passed the 2025 budget for the Electricity Authority of Cyprus (EAC) with lawmakers grasping the opportunity to rail against the high cost of energy. The ...

The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development. In his address, outgoing president George Georgiou ...

Households and businesses across Cyprus will soon have better control over their electricity costs, thanks to the nationwide rollout of smart meters by the electricity authority of Cyprus (EAC). With 500,000 ...

Electricity prices are unlikely to drop over the next two years, given the absence of natural gas and the lack of storage for energy generated by renewables, the head of ...

A substantial drop in the cost of electricity this year is “impossible,” Energy Minister George Papanastasiou said on Thursday, adding that people should manage their expectations. The minister made the ...

The floating storage and regasification unit (Fsru), an integral component of the LNG project, is expected to remain in Malaysia for about two to three months, Energy Minister George Papanastasiou ...

After years of delays, the Electricity Authority of Cyprus (EAC) will begin installing smart meters this month, starting with urban areas across the country. EAC spokesperson Christina Papadopoulou outlined the ...

By Angeliki Koutantou, Forrest Crellin and Edward McAllister For Athens restaurant owner Christos Kapetanakis, rent has always been high, but now he faces what he calls “a second rent” as ...

Reducing electricity costs for households and businesses remains a key priority for the government, Energy Minister George Papanastasiou said on Tuesday. Speaking at a Transmission System Operator Cyprus event to ...

Cyprus has the potential to become a significant supplier of liquefied natural gas (LNG) to the European Union, provided pre-drilling surveys are confirmed, Energy Minister George Papanastasiou said on Friday. ...

The Electricity Authority of Cyprus (EAC) provided an update on Thursday regarding its modernisation efforts, cautioning that electricity prices will not significantly decrease without the introduction of natural gas. EAC ...

Regular electricity bill payers will not subsidise the additional reduced rates paid by vulnerable groups, Energy Minister George Papanastasiou said on Saturday. Moving to address rumours that forthcoming increases in ...

Unions at the Cyprus Electricity Authority (EAC) on Tuesday called for the immediate installation of two new power generation units at Dhekelia power station in addition to storage facilities to ...

In July 2025, the electricity market will open and consumers will be able to choose their supplier, as they do currently for phone use, Energy Minister George Papanastasiou said on Thursday ...

Greece’s independent power transmission operator (Admie) will next week formally deliver to the Cypriot government its cost-benefit analysis for the Great Sea Interconnector – the mooted subsea electricity cable linking ...

The electricity authority is failing to consider the high costs burdening consumers, the head of Epopai union Kyriakos Tafounas said on Tuesday referring to delays in the upgrade of the ...

Average household electricity prices in Cyprus fell to €34.5 per 100 kWh during the second half of 2023 from €37.3, but prices were higher than the previous year when the rate clocked in at €32.6 ...

For this government, an unpopular measure must be accompanied by something positive, at least communications-wise, because it wants to minimise the criticism by media and opposition parties, which would have ...

Cabinet is set to hold an extraordinary meeting on Thursday with the aim of discussing and approving a new package of measures to alleviate the cost-of-living crisis. The meeting comes ...