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Despite the 10% reduction, the electricity is 10% more expensive

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Despite the 10% reduction, the electricity is 10% more expensive

Chrysanthos Manolis

The most expensive electricity from 2012 will be paid by consumers whose electricity will be counted in November, but most likely those whose bills will be counted in the coming months.

This November, compared to last October, will be about 20% more expensive, but, if we calculate the 10% reduction that is valid from November to February, the increase … is reduced to about 10%, but is added to the other that preceded the previous months.

If we compare this November with last year, the increase, in terms of only the fuel cost of the EAC (along with pollutants), exceeds 90%! Indicative of the situation is the fact that the increase in the cost of purchasing greenhouse gas rights increased by approximately 100% between October and November 2021.

SEE ALSO:

10% reduction in electricity announced for 4 months It came to stay the (even more) expensive electricity EAC: This will be the way to calculate the reduction in current 38% over the current from August to August

According to official data of the EAC, the average fuel cost for November jumps to 705.16 euros per metric ton, while for October it was 549.06 euros. With these data, according to the EAC, the cost of avoidance (in short, the cost of oil for electricity generation) will rise in November to 16.3 cents per kilowatt hour, compared to 12.738 cents in October and 11,659 cents in September.

Both the average cost of buying fuel and the net cost of energy are the highest recorded in Cyprus since 2012, while, with the exception of this “special” year, nor the period until 2008, when there are data published on its website EAC, there was a higher cost than today.

READ THE ENTIRE REPORT IN THE PUBLISHED FILELEFTHERO PRESS

Source: www.philenews.com

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