Cyprus household electricity prices remain above pre-crisis levels

Household electricity prices in Cyprus fell to €0. 26 per kilowatt-hour in the first half of 2026 , according to Eurostat data, easing from their energy-crisis peak but remaining significantly above pre-crisis levels as electricity costs continue to weigh on consumers. The latest figures show that prices, including all taxes and levies , have declined steadily since reaching €0. 37 per kilowatt-hour in the first half of 2023, although households are still paying considerably more than they did before the energy crisis. When adjusted for differences in purchasing power, Cyprus recorded 29. 9 purchasing power standard (PPS) units per 100 kilowatt-hours in the first half of 2026, providing an indication of the relative burden of electricity costs on households. Across the European Union, average household electricity prices fell by 2. 2 per cent in the first half of 2026, declining to €0.

28 per kilowatt-hour from €0. 29 in the second half of 2025. Despite the decrease, prices remained well above levels recorded before the 2022 energy crisis , indicating that households continued to face higher electricity costs than before the energy market turmoil. Taxes and levies also declined slightly as a proportion of household electricity bills, falling by 0. 5 percentage points , from 28. 9 per cent in the second half of 2025 to 28. 4 per cent in the first half of 2026. Cyprus electricity prices peaked in 2023 Eurostat data show that household electricity prices in Cyprus followed a relatively stable pattern between 2015 and 2020, before surging during the energy crisis and subsequently easing. During the initial period, prices fluctuated between €0. 15 per kilowatt-hour in the first half of 2016 and €0. 22 in the second half of 2019, before falling to €0. 16 in the second half of 2020. The…