Spring will bring slightly lower electricity bills for the month of April, with the EAC stating that they will be down by 6.6 per cent.
The decrease is attributed and linked ...
Greece will increase subsidies on energy bills to €840 million ($892.08 million) in January to continue supporting households and businesses against soaring energy prices, Energy Minister Kostas Skrekas said on Friday.
The ...
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, ...
The German cabinet has approved planned gas and electricity price brakes in an expedited process, Chancellor Olaf Scholz said on Friday, as part of efforts by the government to tackle ...
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 ...
Electricity prices rose sharply – by almost a third – in Cyprus during the first half of the year, according to data just released by Eurostat.
The data show a 32 per cent ...
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 “...
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 ...
Cyprus said on Thursday the state would absorb a sizeable chunk of cost increases in energy to buffer anticipated rises of up to 25 per cent in bills for households and ...
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 ...
People should forget about across-the-board cuts on energy-related taxes, brace for even higher electricity prices and turn to renewables, Finance Minister Constantinos Petrides said on Tuesday.
In comments to daily ...
Those hoping for immediate relief from the continuous surge in energy prices may be disappointed in today’s meeting on the issue, with top officials instead looking towards longer-term solutions.
...
Energy bills will climb by 6.8 per cent by the end of the month, EAC spokesperson Christina Papadopoulou said on Tuesday.
Papadopoulou told CyBC that the authority is predicting this increase ...
Cyprus recorded the third highest increase in domestic electricity bills, as prices rose by 36 percent in the second half of 2021 compared to last year, according to data released by Eurostat, ...
Turkish Cypriot ‘prime minister’ Faiz Sucuoglu leaves for Ankara on Wednesday along with three ‘government ministers’ for finance, transport and tourism to discuss the growing economic and electricity crisis in ...
As electricity prices rise 200 per cent in the north some people quip they are almost grateful for the constant power cuts
By Esra Aygin
Turkish Cypriots from all walks of ...
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 ...
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 ...
Residents of mountain communities are to receive additional aid to help cover higher heating bills as fuel costs rise and winter bites, cabinet decided on Wednesday.
The decision applies to ...
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 ...