The average price of electricity in Cyprus, in December of 2010, has been 0.2021€ per kilowatt hour. Electricity price has increased € 0.0163 kWh, 8.77% since the last semester. Meanwhile, the average price of electricity without taxes in Cyprus in that period was € 0.169 per kilowatt hour, compared to € 0.1597 kWh in the previous semester. The price of electricity excluding taxes increased by 5.82%.
In the last twelve months the price of electricity in Cyprus has increased by 19.94%.
From 2007 until now, the highest price of electricity in Cyprus has been € 0.204 kWh, in December of 2008, while in June of 2009, electricity price was € 0.1558 kWh, its minimum price in this period.
Cyprus is the third country with the most expensive electricity in Europe.
Finally, if we compare the price of electricity with taxes and without taxes, we see that, in the last period, households paid € 0.0331 of taxes for each kilowatt hour, which means that 16.38% 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.