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Cyprus: Despite the 10% reduction, electricity is 10% more expensive

The most expensive electricity from 2012 will be paid in Cyprus by consumers whose electricity will be counted in November, but most likely those whose bills will be counted in the coming months, according to philenews.com.

This November, compared to last October, will be about 20% more expensive, but, if we calculate the 10% reduction that is valid from November to February, the increase … is reduced to about 10%, but is added to the other that preceded the previous months.

If we compare this November with last year, the increase, in terms of only the fuel cost of the EAC (along with pollutants), exceeds 90%! Indicative of the situation is the fact that the increase in the cost of purchasing greenhouse gas rights increased by about 100% between October and November 2021.

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Source From: Capital

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