Energy technology

Easy come, easy go

Few people know that residents in areas where renewable energy stations have been installed receive a discount on their electricity bills. It's not a lot of money, but it's a fair reward from the power companies for any nuisance they cause with their projects.

Power rate subsidy set for September

The subsidy on household electricity tariffs has been set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Thodoros Skylakakis said in an interview with Mega TV on Tuesday.

This way, he said, the retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

Subsidy on household electricity prices set at 1.4 cents for September

The subsidy on household electricity tariffs was set at 1.4 cents per kilowatt-hour for September, Energy and Environment Minister Theodoros Skylakakis said on Tuesday.

The retail prices (based on the tariffs announced on Sunday by the providers) will fluctuate at the same levels or a little lower compared to August.

Tech giants eye project in Cyprus

Major companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Energy, Trade and Industry Minister George Papanastasiou. He announced on Tuesday that formal tenders for the 150-megawatt project will be issued in September.

Pages