The average price of electricity in Cyprus, in December of 2008, has been 0.204€ per kilowatt hour. Electricity price has increased € 0.026 kWh, 14.61% since the last semester. Meanwhile, the average price of electricity without taxes in Cyprus in that period was € 0.1754 per kilowatt hour, compared to € 0.1528 kWh in the previous semester. The price of electricity excluding taxes increased by 14.79%.
In the last twelve months the price of electricity in Cyprus has increased by 30.02%.
From 2007 until now, the highest price of electricity in Cyprus has been € 0.204 kWh, in December of 2008, while in December of 2007, electricity price was € 0.1573 kWh, its minimum price in this period.
Cyprus is among the European countries with the most expensive electricity.
Finally, if we compare the price of electricity with taxes and without taxes, we see that, in the last period, households paid € 0.0286 of taxes for each kilowatt hour, which means that 14.02% of what households pay for the electricity are taxes.
You can see the ranking of electricity price in Europe and see all the information about Cyprus in economy of Cyprus.