Consumers losing out in RES subsidies, says watchdog

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Consumers losing out in RES subsidies, says...
 © CyprusMail 2019
A consumer advocacy group has filed a complaint against the government with the European Commission, alleging that a recently unveiled scheme for generating electricity from renewable energy sources (RES) is in fact a state subsidy to RES producers, to the detriment of consumers.

The Cyprus Consumers Association (CCA) filed the complaint with the Commission’s Directorate-General for Competition denouncing the new scheme as a violation of competition rules.

The complaint relates to a scheme for the production of approximately another 150...


This article was automatically added to our system 13-8-2019

Consumers losing out in RES subsidies, says watchdog


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Article Tags: consumers, losing, subsidies, watchdog,