Electricity prices in Cyprus

Cyprus runs an isolated island grid with no interconnection to the European mainland, so electricity is generated locally, mostly from imported fuel oil burned in the plants of the Electricity Authority of Cyprus, with solar farms and rooftop systems providing a growing share in one of the sunniest climates in Europe.

The Electricity Authority remains the dominant supplier and its tariffs are approved by the regulator, CERA, with a fuel adjustment element that moves bills in line with oil prices; bills are issued in euro. Air conditioning drives a strong summer peak, while winters are mild and often heated with reversible air-conditioning units. Solar water heaters are found on most roofs, and net-metering schemes have made rooftop solar popular with households.