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 ...
Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund ...
The Chamber of Commerce and Industry (Keve) said on Tuesday it agrees with plans to use offshore gas reserves for power generation as soon as possible to drive down electricity ...
Subsidies for electricity bills have been extended for another two months on Wednesday, at a cost of €21 million, according to a relevant cabinet decision.
Cabinet also approved a new two-month ...
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 ...