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Cheaper electricity bills from February
January 29, 2019
Electricity bills will decrease by at least 3.6 per cent in February compared to December, the electricity authority (EAC) announced on Monday.
According to the EAC spokeswoman, Christina Papadopoulou, the price change is due to the Cyprus Electricity Regulatory Authority’s (Cera) fuel adjustment which is done every six months, meaning the decrease is valid until June.
The adjustment is related to the cost of the fuel mix of heavy fuel oil, diesel and renewable energy sources.