{"id":5816,"date":"2025-04-01T02:22:52","date_gmt":"2025-04-01T02:22:52","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/04\/01\/reduced-vat-on-electricity-in-cyprus\/"},"modified":"2025-04-01T02:22:52","modified_gmt":"2025-04-01T02:22:52","slug":"reduced-vat-on-electricity-in-cyprus","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/04\/01\/reduced-vat-on-electricity-in-cyprus\/","title":{"rendered":"Reduced VAT on electricity in Cyprus"},"content":{"rendered":"


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A reduction in value-added tax on electricity bills in Cyprus will take effect on Tuesday, bringing relief to consumers, especially vulnerable households. VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island.<\/p>\n

According to Christina Papadopoulou, spokesperson for the Electricity Authority of Cyprus (EAC), the move will benefit around 500,000 household users.<\/p>\n

For example, a household using 800 kilowatt-hours every two months will see its bill drop by roughly 20 euros, from \u20ac246 to \u20ac225. Households with higher usage will see even greater savings, with those using 2,000 KWh benefiting twice as much.<\/p>\n

The new VAT reduction applies to bills for electricity usage between April 1, 2025, and March 31, 2026.<\/p>\n

Meanwhile the EAC is moving ahead with a new tender process to supply generators, following the cancellation of the previous one.<\/p>\n

\u00a0The two companies that had submitted bids, Terna and Avax, did not appeal the cancellation and are expected to participate in the new tender. The goal is to have two 40 KWh units installed and operational by the summer 2026.<\/p>\n<\/p><\/div>\n

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