The Electricity Authority of Cyprus (EAC) provided an update on Thursday regarding its modernisation efforts, cautioning that electricity prices will not significantly decrease without the introduction of natural gas.
EAC Chairman George Petrou and the vice-president of the Natural Gas Infrastructure Company (Etyfa) revealed on Radio Trito that the first batch of 30,000 smart meters is expected to arrive by the end of 2024. Additional batches of the same quantity
