8% reduction in the price of electricity

A new price reduction, of around 8%, was announced by the Electricity Authority Cyprus (EAC), recording an overall decrease of 15% in the past two months due to lower fuel costs. However, after announcing a reduction in the price of electricity, the Director of the authority, Stelios Stylianou, pointed out that the prices in the […]

Turkish Cypriot of Pyla do not pay electricity, water or taxes

Pyla’s community council leader Simos Mytidis, asked the Parliament on Tuesday for immediate termination of the unequal and insulting treatment benefiting the Turkish Cypriot inhabitants of Pyla village. He complained at the Parliamentary Audit Committee that the Turkish Cypriot residents do not pay electricity, water, or even community taxes, such as waste collection, property tax […]

Power cuts throughout Cyprus due to power plant failures

Several areas of the island faced sudden power cut today starting at 11.28am after a fault in one of the generators at Vasiliko power plant which was then followed by another generator shutting down at Dhekelia power plant. Electricity Authority’s Engineers are working to fix the problems and electricity supply has already been restored in many of the […]

600 employees to leave CYTA within a year

CYTA (Cyprus Telecommunications Authority) and EAC (Electricity Authority of Cyprus) are the first two semi-government organisations that will be privatized. In order to make the organisations more efficient and subsequently more favourable for sale a number of their employees are to be laid off voluntarily and compensated. The parliament is called to approve an updated […]

More power cuts expected today as EAC goes on strike

Power cuts should be expected due to today’s continuing strike measures by Cyprus’ Electricity Authority (EAC) employee unions. The semi-government and only electricity provider in Cyprus, EAC, employees are protesting against the government plans to privatize ther organisation as part of an agreement with Troika. Cyprus media outlets have published a possible schedule for the […]