Fine of €500,000 imposed on the Electricity Authority for delays in metering data submission
July 17, 2026
The Energy Regulatory Authority imposed a fine of €500,000 on the Electricity Authority of Cyprus due to delays in submitting metering data. The fine is part of a compliance process to ensure the proper functioning of the electricity market. Additionally, the Authority will incur €500 per day for each day the delay continues. The decision was based on the recognition of responsibility by the Authority. The goal of the Regulatory Authority is to prevent further delays.