
Consumers will have to wait two more weeks to find out if the Electricity Authority of Cyprus (EAC) hikes its tariffs by 3 per cent, reports said on Tuesday.
The matter of the rate raise was discussed anew in parliament. There, EAC boss Giorgos Petrou confirmed that initially they had asked for a 7.5 increase on electricity bills – something which the energy regulator accepted at the time.
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