The average price of electricity in Cyprus, in December of 2014, has been 0.2356€ per kilowatt hour. Electricity price has increased € 0.0065 kWh, 2.84% since the last semester. Meanwhile, the average price of electricity without taxes in Cyprus in that period was € 0.1915 per kilowatt hour, compared to € 0.1861 kWh in the previous semester. The price of electricity excluding taxes increased by 2.9%.
In the last twelve months the price of electricity in Cyprus has fallen by 5.57%.
From 2007 until now, the highest price of electricity in Cyprus has been € 0.2909 kWh, in December of 2012, while in June of 2009, electricity price was € 0.1558 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 € 0.0441 of taxes for each kilowatt hour, which means that 18.72% 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.