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 ...
Opposition party Akel on Monday reiterated their call on government to make moves to drive down electricity costs for households and businesses, while demanding that light be shed on the ...
The energy regulator (Cera) on Wednesday ruled out a price increase on electricity bills.
According to a Cera board decision, “It was decided to keep in force for the year 2024 ...
MPs on Tuesday hauled the Electricity Authority of Cyprus (EAC) over the coals, mounting their pressure on the state-run power utility to drop its request for a six per cent ...
The chairman of the electricity authority (EAC) on Tuesday asked for consumers to stay patient a little longer while information regarding prices is being examined.
The forecasts that led to ...
By Elias Hazou and Iole Damaskinos
Speculation was ongoing on Monday as to the fate of consumers regarding electricity costs as deliberations between the electricity authority (EAC) and the energy ...
The Cyprus Electricity Authority (EAC) did not decide on electricity hikes on Friday, passing the responsibility to the Cyprus Energy Regulatory Authority (Cera) for failing to decide on price adjustments.
...
Decisions on possible electricity price hikes will be taken “responsibly” in the next few days, but a ‘favourable’ decision for consumers now may come back to bite in the future, ...
The EAC needs to be financially viable and in a position to maintain its infrastructure, electricity authority spokeswoman Christina Papadopoulou said on Tuesday.
Commenting on the cost of electricity for ...
The Electricity Authority of Cyprus (EAC) may end up hiking its rates by up to 25 per cent should it win an ongoing case in court, MPs heard on Monday.
Andreas ...
By Tom Cleaver and Elias Hazou
The government announced on Thursday the reinstatement of the electricity subsidy as part of a raft of measures aimed at helping people through the ...
Ever increasing costs forcing consumers to restructure energy bills
Standing on the pavement outside the Electricity Authority of Cyprus (EAC), with a little boy in tow, Nitsa tells the Cyprus ...
The need to restore fuel and electricity subsidies is “imperative”, Peo union said on Wednesday.
In a written statement, the union said that the increased fuel prices and cost of ...
Why has the finance ministry not included the subsidy in part of my electricity bill for the last two months?
My bill was for the period 18/05/23 until the 29/07/23 and it ...
President Nikos Christodoulides was on Monday urged by one of his government allies to get the state-run power utility to refund people in the next batch of electricity bills to ...
A growing number of citizens groups have pressed for a reinstatement of electricity subsidies in the midst of the ongoing heatwave but the official line, that state finances permit only ...
Disy and Akel MPs reacted on Thursday to the scrapping of relief measures for fuel and electricity, arguing that the summer months were the worst possible time to end the ...
By Andria Kades and Iole Damaskinos
Fuel subsidies will be scrapped but electricity bill subsidies will continue albeit more targeted towards vulnerable groups, the cabinet decided on Wednesday.
The measure ...
The government is mulling extending the scheme for subsidising electricity bills, but has yet to firm up a decision, an official told MPs on Monday.
Melina Katsounotou, head of the ...