The average price of electricity in Cyprus, in December of 2022, has been 0.3261€ per kilowatt hour. Electricity price has increased € 0.0654 kWh, 25.09% since the previous semester. Meanwhile, the average price of electricity without taxes in Cyprus in that period was € 0.2551 per kilowatt hour, compared to € 0.1693 kWh in the previous semester. The price of electricity excluding taxes increased by 50.68%.
In the last twelve months the price of electricity in Cyprus has increased by 75.81%.
In Cyprus, the price of electricity reached its maximum price, € 0.3261kWh, in December of 2022. Its minimum price was €0.1527 kWh, corresponding to June of 2016.
When looking at the difference between the price of electricity with and without taxes, we see that households in Cyprus paid € 0.071 in taxes for each kilowatt hour, which means that 21.77% of what consumers pay for electricity is in concept taxes.
You can see the ranking of electricity price in Europe and see all the information about Cyprus in economy of Cyprus.