8% drop in electricity bills

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Paphos Life
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8% drop in electricity bills

Post by Paphos Life »

Consumers will see a reduction of 8% in their electricity bills, starting from this month, due to a decrease in oil prices and changes in the pricing policy of kilowatts, Phileleftheros reported on Tuesday....

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Dominic
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Re: 8% drop in electricity bills

Post by Dominic »

I agree it is bloody confusing. Not the bills so much, but whether the price is going up or down. It is on a par with UK politicians announcing the same spending plans over and over, so that people think the nurses are getting an extra 50 pee a week when it is in fact only 10p.

Perhaps it is that simple?

Announce a 10% increase in price. People angry.
Then announce an 8% fall. People happy.

Result: people happy with a 2% rise.
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Living in Polemi, Cyprus with my wife and daughter.
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