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12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 9:01 am
by memory man
Consumers will have to dig deeper into
their pockets to pay their next electricity bills because of higher fuel prices, during a period when use of air conditioners has pushed up consumption.

The increase is estimated at some 12.5%.

Fuel prices for the previous billing period were €394 a metric ton. Bills for August and September will be calculated on the basis of €460.37 a metric ton.

Compared to the corresponding two month period last year when fuel prices were €318.20 this represents an increase of nearly to 45%,

The latest increases mean an additional cost of 4 cent per kilowatt plus the additional increases because of VAT and other fees that are levied as a percentage of the total..

The basic price of every kilowatt is 13.11 cent (9.23 cent for energy plus 3.21 cent for the network and 0.67 cent for additional services. The net cost per kilowatt will therefore be 17.11 cent. To this must be added other fees such as levy for renewable energy,

https://in-cyprus.com/news/local/12-5-c ... ity-bills/

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 9:38 am
by cyprusmax47
Thanks to my recently installed solar PV system my last electricity bill (30.5.-28.7) was 25 Euros only (air-con and pool pump running) and for the next period (bill) I have already >300 kW/h produced which will lead to a similar low bill..... :)

Max

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 9:41 am
by trevnhil
I have a solar PV system but because of standing charges etc, my bill is around 35 euros... ??

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 9:47 am
by jeba
trevnhil wrote: Tue Sep 04, 2018 9:41 am I have a solar PV system but because of standing charges etc, my bill is around 33 euros... ??
Charges are depending on the kWp your system can provide. When I upgraded mine from 3 kWp to 4 kWp my charges rose by about € 5.- (too lazy now to check the exact amount).

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 10:41 am
by trevnhil
Ha ha.. Ours is a 3 KW system. The standing charge for a long while was €31 .. But recently it has risen to around €35 / €36

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 12:57 pm
by trevnhil
Wot... No Smiley :-)

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 4:39 pm
by galexinda
At least we've been warned, so just have to reduce the number of units used to keep the amount paid for electricity the same.

Re: 12.5% costlier electricity bills

Posted: Tue Sep 04, 2018 5:42 pm
by trevnhil
Each to his or her own opinion :-) we have it in the lounge as I type. It is just on tick over at 26c
We certainly don't think it a waste of money.
Do you stay out of stores that use air conditioning for most of the Summer, if you feel it is unhealthy .