Electricity prices to rise

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Electricity prices to rise
 © CyprusMail 2018
Electricity prices will increase by 4 per cent this month, the Electricity Authority (EAC) announced on Thursday.

According to spokeswoman for the authority Christina Papadopoulou, the increase stems from the increase in oil prices internationally.

“As long as we rely on the production of electricity from oil, then fluctuations will be passed on to consumers. Only natural gas production and the use of renewable sources will contribute to a balanced price,” she said.

Within one year, the electricity prices have risen 27.7 per cent. At the beginning of October the...


This article was automatically added to our system 8-11-2018

Electricity prices to rise


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