#electricity bills

The full bench of the Supreme Court on Wednesday decided the law on reducing VAT for electricity is unconstitutional, as it violates the separation of powers. According to the decision, ...

Officials revealed on Tuesday they plan to slash the Renewable Energy Sources (RES) charge, giving consumers some relief, although the change is not expected to impact electricity bills for several ...

Cabinet on Wednesday approved €30 million in the second supplementary state budget for this year to continue the subsidy for the increased electricity prices. The total amount of the second supplementary ...

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 “...

President Nicos Anastasiades on Friday urged patience as he awaits the attorney general’s opinion on whether bills approved by the House plenary on Thursday regarding VAT on fuel and ...

The next electricity bills sent out to homes are expected to be 16 per cent higher than the last, the Electricity Authority of Cyprus (EAC) said Monday. Speaking to the state ...

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 the presidential veto of a ...

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 ...

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 to cut VAT on electricity ...

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 the price of electricity. According ...

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 said that the ...

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 three months, Finance Minister Constantinos Petrides said ...

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 the House finance committee on Monday where ...

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 months. The decision is in line with ...

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 ...

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 at long term savings for businesses ...

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 said on Wednesday. The minister ...

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 have to foot the ...

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 remained unclear whether their proposals ...

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 due to a perfect storm ...

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 bills compared to the same month last ...