The average price of electricity in Cyprus, in June of 2023, has been 0.3739€ per kilowatt hour. Electricity price has increased € 0.0478 kWh, 14.66% since the previous semester. Meanwhile, the average price of electricity without taxes in Cyprus in that period was € 0.2312 per kilowatt hour, €9.37% less than in the previous period, in which the price of electricity without taxes was €0.2551kWh.
In the last twelve months the price of electricity in Cyprus has increased by 36.56%.
The average price of electricity since 2007 reached its maximum, €0.3739kWh, in June of 2023 and its minimum price, €0.1527 kWh, in June of 2016.
The difference between the price of electricity with and without taxes is € 0.1427 tax for each kilowatt hour, thus, 38.17% of what households pay for electricity in Cyprus.
You can see the ranking of electricity price in Europe and see all the information about Cyprus in economy of Cyprus.