Electricity Authority of Cyprus to further reduce cost of electricity

by fm

27th March 2013

513 views

1 min read

The Electricity Authority of Cyprus will reduce the cost of electricity a further 3%, in addition to the scheduled reduction of 5.75% that will be in place from the 1st April.

The announcement was made on Wednesday by Commerce, Industry and Tourism Minister George Lakkotripis after a meeting this morning at the Presidential Palace with all parties involved in the energy sector.

Regarding developments in the natural gas and relations with Israel, Lakkotripis said that he intends to visit the country in April while President of the Republic Nicos Anastasiades will also visit Israel in May.