
Electricity tariffs will rise by three per cent from the next two-month billing period , Energy Minister George Papanastasiou confirmed on Saturday.
Speaking before the the electricity authority’s scientific staff’s trade union Sepaik’s annual general meeting, he said the tariff increase arises from “reasonable expenses” incurred by the electricity authority (EAC), which he said were approved by Cera.
“ These reasonable expense indicate an increase in the tariff of three