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Electricity prices to rise by more than 5% in June – EAC

June 10, 2019 at 1:24pm

Household consumers will see an increase of more than 5% in their June electricity bills, according to the Electricity Authority of Cyprus (EAC).

According to EAC spokeswoman Christina Papadopoulou, the increase is due to a rise a in global oil prices.

She said that EAC must keep fuel reserves for three months. Authorities check the average cost of fuel every month, she added.