EAC confirms new electricity bills will burn

The Cyprus Electricity Authority’s pricing plans are ready to be approved by the Energy Regulator, with households expected to pay 25% more on their bills. EAC spokesperson Christina Papadopoulou told CNA on

VAT cut on electricity bills in limbo

A bill approved by opposition parties to cut VAT on electricity bills indefinitely from 19% to 9% across the board is in limbo after MPs rejected President Nicos Anastasiades veto. Parliament, including

10% VAT slashed on electricity bills

The cabinet approved a Finance Ministry proposal to cut 10% VAT on household electricity bills for three months as part of its policy to tackle the fallout from the rise in energy