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 ...
By Achilleas Demetriades
There is no doubt that prices in general are rising, and we need to have a plan to tackle this price hike, which is soaring.
This analysis ...
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 ...
Cyprus is processing the proposals of the European Commission regarding ways to deal with rising electricity prices, Energy Minister Natasa Pilidou said on Saturday.
According to the minister, the Cyprus ...
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 Electricity Authority of Cyprus (EAC) will take a revenue hit of around €24 million following a decision to offer a 10 per discount on utility bills over the next four months, ...
The Cyprus Consumers Association on Monday called for more substantial help for those affected by high electricity prices, saying the state seems “unwilling to spend a single euro for the ...
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 ...
Lawmakers on Monday said the Electricity Authority of Cyprus (EAC) must remain a public utility, but urged the state-run power corporation to give back to taxpayers by reducing the cost ...
Energy prices are set to decrease by 3.2 per cent in 2021, the Electricity Authority of Cyprus (EAC) announced on Friday.
The EAC’s assessment of the price per kilowatt (kW) was ...