Electricity prices fell at end of 2023

Average household electricity prices in Cyprus fell to €34.5 per 100 kWh during the second half of 2023 from €37.3, but prices were higher than the previous year when the rate clocked in at €32.6 per 100 kWh.

Electricity and gas bills charges decreased in the EU as a whole in the second half of 2023 but the figures show the charges in Cyprus were significantly above the average across the bloc both in 2023 and 2022.

In the second half of 2023, average household electricity prices...