Decision on energy bill hikes go down to the wire

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Paphos Life
Posts: 3102
Joined: Tue Feb 28, 2017 9:20 am

Decision on energy bill hikes go down to the wire

Post by Paphos Life »

Speculation was ongoing on Monday as to the fate of consumers regarding electricity costs as deliberations between the electricity authority (EAC) and the energy regulatory authority (Cera) continued. Speaking to the state broadcaster CyBC, Energy Minister George Papanastasiou sought to address concerns about Cera’s
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jeba
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Joined: Fri Jan 27, 2017 8:38 pm

Re: Decision on energy bill hikes go down to the wire

Post by jeba »

If necessary, I think the EAC should be subsidized in order to be able to upgrade the grid, so it can manage an increase in renewable energy production. That would be money well spent as it will prevent blackouts.
Kili01
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Joined: Thu Dec 29, 2016 9:41 am

Re: Decision on energy bill hikes go down to the wire

Post by Kili01 »

Absolutely true! But the EAC has also been dragging its heels over the need to replace the old diesel generators at Dhekeleia which are burning heavy fuel oil which is causing massive air pollution. For this Cyprus is paying huge penalties to buy carbon credits. If these generators were replaced and the electricity transmission system were upgraded this would make a big difference
to the cost of electricity here.
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