Challenges and Changes for the Electricity Authority of Cyprus
July 27, 2025
The Electricity Authority of Cyprus (EAC) is facing numerous challenges due to recent wildfires and the need to restore power to many areas. With the introduction of a competitive electricity market, consumers may be forced to stick with EAC, which has a higher production cost than private suppliers. Thousands of households will remain tied to EAC, while only a few large businesses will benefit from cheaper options. The future of EAC requires careful planning for economic sustainability.