August 13, 2020
Cypriots are set to enjoy the lowest electricity bills in almost 20 years, as the price of oil has tanked and the electricity authority is further knocking 10 per cent off the bill.
A household of four people, using 800 kilowatts – which is a considerable amount for such a unit – will come to €126 this August.
Just two months ago, in June, the bill would have been €150.
“If we compare a bill in August 2020 to August 2019 there will be a reduction of 26 per cent,” Electricity Authority Cyprus spokesperson, Christina Papadopoulou, told the Cyprus Mail on Thursday.