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 […]
Electricity Authority Cyprus
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 […]
Power cuts expected tomorrow as Electricity Authority goes on strike
Extensive power cuts should be expected tomorrow as Cyprus Electricity Authority (EAC) will go on strike for 12 hours starting at 7am. All EAC employee unions are going on strike as a result of today’s cabinet approval of the privatization plan for EAC, CYTA and Ports Authority to meed the demands on Troika. According to […]
Greek Cypriots pay more than 1 million euro per year for Turkish Cypriots electricity bills
The electricity consumption by Turkish Cypriot residents of Pyla and other areas bordering the buffer-zone has summed up to 1 158 243 euro for 2011 alone. Electricity Authority Cyprus is accounting losses for hundreds of millions since 1974 for unpaid electricity bills by Turkish Cypriots. Moreover part of the free electricity provided to the occupied […]