#electricity prices

‘Smart purchases’ of fuel stocks by the Electricity Authority of Cyprus (EAC) should offset a potential coming hike in the basic electricity rate, the energy minister said on Tuesday. George ...

President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified. In a written ...

The Electricity Authority (EAC) has decided not to insist on a 7.5 per cent increase rate on electricity bills and to request that the adjustment be limited to just 3 per cent, ...

Cypriots pay the second-highest rates for electricity in Europe when adjusted for spending power, Eurostat data released on Tuesday showed. Only consumers in the Czech Republic pay more for their ...

The floating storage and regasification unit (Fsru), an integral component of the LNG project, is expected to remain in Malaysia for about two to three months, Energy Minister George Papanastasiou ...

By Angeliki Koutantou, Forrest Crellin and Edward McAllister For Athens restaurant owner Christos Kapetanakis, rent has always been high, but now he faces what he calls “a second rent” as ...

Cyprus has the potential to become a significant supplier of liquefied natural gas (LNG) to the European Union, provided pre-drilling surveys are confirmed, Energy Minister George Papanastasiou said on Friday. ...

Unions at the Cyprus Electricity Authority (EAC) on Tuesday called for the immediate installation of two new power generation units at Dhekelia power station in addition to storage facilities to ...

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 ...

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 ...

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 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 ...

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 ...

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 ...

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 ...

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 ...