The Cyprus Energy Regulatory Authority (CERA) approved tariff increases for the Electricity Authority of Cyprus (EAC) regulated activities on Friday morning, following proposals submitted by the EAC board chairman on 12 June 2025.
The new tariffs will result in increases of approximately 3%, though not at uniform rates for all consumers, according to EAC officials. The 3% increase primarily affects consumers with average consumption of 800 kilowatt hours per two-month period.
CERA also approved the EAC board’s request to reduce permitted revenues for 2025, following intense political pressure from government sources and the President of the Republic.
The requested reductions in permitted revenues for EAC Supply and EAC Distribution for 2025 concern exclusively the elimination of accounting adjustments – funds EAC was due to receive from previous years – and reduction of returns below the maximum permitted rate.
CERA stated the EAC request serves public interest by limiting consumer burden.
For EAC Supply, total permitted revenues for 2025 under CERA’s decision amount to €26.2 million.
Regarding EAC Distribution, CERA noted the requested revenue reductions for 2025 do not affect implementation of approved development projects but concern exclusively elimination of accounting adjustments and reduction of returns below 4.6%, the maximum permitted return rate. Following revision, EAC Distribution’s permitted revenues for 2025 will be €105.1 million.
For EAC Transmission, CERA determined the requested revenue reductions for 2025 do not affect implementation of approved development projects but concern exclusively elimination of accounting adjustments and reduction of returns below the maximum permitted 4.6% rate. Transmission permitted revenues were limited to €40 million.
EAC Generation’s new permitted revenues for 2025 amount to €401.2 million.
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