Emission fines inflate electricity bills

While consumers struggle with inflation, there are fears that electricity bills will bulge as the Electricity Authority is called to pay an increased cost for emitting greenhouse gases. According to Phileleftheros daily,

Cyprus helping Ukraine buy electricity generators

Foreign Minister Ioannis Kasoulides briefed his EU counterparts on the assistance that Cyprus is providing Ukraine, with Poland, to help the war-torn country purchase electricity generators. At Monday’s EU Foreign Affairs Council (FAC) in


Threat of power cuts avoided

Electricity Authority of Cyprus (EAC) trade unions suspended strike action scheduled for Wednesday that would have caused power cuts after Labour Minister Kyriakos Kousios intervened. He arranged for unions to discuss grievances


Electricity bills deflate slightly

Cypriot consumers will see their electricity bills deflate slightly as a 2.2% reduction is expected on their December fees, as fuel prices drop internationally. In statements, the Electricity Authority’s (EAC) spokesperson Christina

Cyprus electricity prices climb 32%

Annual average household electricity prices in the European Union increased sharply in the first six months from €22 per 100 kWh to €25.3 but were higher in Cyprus. The same Eurostat data


Turkish Cypriots eye EuroAsia plug-in

The construction launch of the EU-backed EuroAsia electricity interconnector has triggered fears among Turkish Cypriots that they are left solely dependent on its notoriously faulty grid. The Turkish Cypriot Energy Efficiency Association,


“We can weather the storm”

Cyprus launches milestone EU electricity highway   Europe is at the centre of an unfolding energy crisis and nearly ten years after the previous energy crisis, at the time prompted by Russia’s occupation

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