Electricity Authority of Cyprus (EAC)

Supply Department

11 Amfipoleos Street, Strovolos, PO Box 24506, CY-1399 Lefkosia, Cyprus

European statistics on electricity prices for household and final non-household customers.

Internal Eurostat classification system based on annual electricity consumption bands and tax levels.

Household sector and final non-household sector (industry, services, offices, agriculture, etc).

The prices are reported in national currencies per kWh and according to different bands of consumption.

For the household sector, these bands are:

• DA: customers consuming less than 1000 kWh.
• DB: customers consuming 1000 kWh or more but less than 2500 kWh.
• DC: customers consuming 2500 kWh or more but less than 5000 kWh.
• DD: customers consuming 5000 kWh or more but less than 15000 kWh.
• DE: customers consuming 15000 kWh or more.

For the final non-household sector, the bands are:

• IA: customers consuming less than 20 MWh.
• IB: customers consuming 20 MWh or more but less than 500 MWh.
• IC: customers consuming 500 MWh or more but less than 2000 MWh.
• ID: customers consuming 2000 MWh or more but less than 20000 MWh.
• IE: customers consuming 20000 MWh or more but less than 70000 MWh.
• IF: customers consuming 70000 MWh or more but less than 150000 MWh.
• IG: customers consuming 150000 MWh or more.

There exist 2 different levels of disagregation for semestrial and annual prices:

1- Semestrial prices:

These prices are reported twice a year and are divided in 3 levels:

• Level 1 prices: prices excluding taxes and levies.
• Level 2 prices: prices excluding VAT and other recoverable taxes and levies.
• Level 3 prices: prices including all taxes and levies.

2- Annual prices:

These prices are reported once a year together with the data for the second semester and are divided into the following components and taxes:

• Energy and supply: generation, aggregation, balancing energy, supplied energy costs, customer services, after-sales management and other supply costs.
• Network cost: transmission and distribution tariffs, transmission and distribution losses, network costs, after-sale service costs, system service costs, and meter rental and metering costs.
• Value added taxes (VAT): as defined in Council Directive 2006/112/EC.
• Renewable taxes: taxes, fees, levies or charges relating to the promotion of renewable energy sources, energy efficiency and CHP generation.
• Capacity taxes: Taxes, fees, levies or charges relating to capacity payments, energy security and generation adequacy; taxes on coal industry restructuring; taxes on electricity distribution; stranded costs and levies on financing energy regulatory authorities or market and system operators.
• Environmental taxes: taxes, fees, levies or charges relating to air quality and for other environmental purposes; taxes on emissions of CO₂ or other greenhouse gases. This component includes the excise duties.
• Nuclear taxes: taxes, fees, levies or charges relating to the nuclear sector, including nuclear decommissioning, inspections and fees for nuclear installations.
• All other taxes: taxes, fees, levies or charges not covered by any of the previous five categories: support for district heating; local or regional fiscal charges; island compensation; concession fees relating to licences and fees for the occupation of land and public or private property by networks or other devices.

In addition to these elements, the network cost is split into the respective shares of transmission and distribution. The relative share of consumption in the different consumption bands is reported by the countries and used to calculated the single national electricity prices (weighted averages for consumer bands IA-IF and DA-DE).

Taxes are not refundable.

Household and final non-household consumers divided into consumption bands.

Household customers: Data coming from 1 supplier and representing 100% of the household customers.

Final non-household customers: Data coming from 1 supplier and representing 100% of the final non-household customers.

Republic of Cyprus - Government Control Areas only

Electricity prices data for Cyprus are available since 2003.  They are available in Eurostat format since 2017. 

Not applicable.

Prices are reported in national currency per kWh. However, Eurostat also calculates and publishes the prices in EURO and PPS (purchasing power parity).
Relative shares of sub-component of the network component and consumption volumes are reported in percentages.

For semestrial prices, the reference periods are from January to June for semester 1 and from July to December for semester 2.

For annual prices, the reference period is the whole calendar year (from January to December).

At EU level:

• Regulation (EU) 2016/1952 of the European Parliament and of the Council of 26 October 2016 on European statistics on natural gas and electricity prices and repealing Directive 2008/92/EC (Text with EEA relevance).
• Commission Implementing Regulation (EU) 2017/2169 of 21 November 2017 concerning the format and arrangements for the transmission of European Statistics on natural gas and electricity prices pursuant to Regulation (EU) 2016/1952 of the European Parliament and of the Council (Text with EEA relevance).
• Commission Implementing Decision (EU) 2018/1734 of 14 November 2018 granting derogations to the Federal Republic of Germany, the Kingdom of Spain, the Italian Republic and the Republic of Cyprus as regards the provision of statistics pursuant to Regulation (EU) 2016/1952 of the European Parliament and of the Council (notified under document C(2018) 7465) (Text with EEA relevance).
• Commission Implementing Regulation (EU) 2019/823 concerning the content of quality reports on European statistics on natural gas and electricity prices pursuant to Regulation (EU) 2016/1952 of the European Parliament and of the Council (Text with EEA relevance).

At national level:

• Statistics Law, No. 15 (I) of 2000 https://www.mof.gov.cy/mof/cystat/statistics.nsf/All/E2AB7488CA1C7FDDC2256C6F005374A7/$file/Statistics%20Law%202000.pdf?OpenElement

At EU level:

• Eurostat does not share the data collected with other organisation appart from its usual dissemination chanel (Eurostat's database, statistic explained articles and press or news release) .

At national level:

• Data is sent to Eurostat.
• Statistical Service of Cyprus

At EU level:

• Regulation (EC) No 223/2009 of the European Parliament and of the Council, of 11 March 2009, on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities.

At national level:

• Not applicable 

The EAC is in full compliance with the General Data Protection Regulation (GDPR) 2016/679 https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32016R0679&from=EL.

No data is considered confidential at the level disseminated to Eurostat.

No Release Calendar

Not applicable

Eurostat release policy applies.

Electricity prices in Cyprus are published on a semestrial basis on Eurostat's website.

They are not published at national level.

No national press release related to the data.

No other national publication related to the data.

No national database related to the data.

Not applicable.

No access to microdata is granted.

Not applicable.

Not applicable.

No documentation is available.

Not applicable.

Not available.

The EAC is implementing the ISO9001:2015 Quality Management System. The system is implemented by using the process approach, doing regular internal audits, benchmarking and target-setting for all critical processes within the organisation and implementing the continuous improvement cycle.

The Quality management system is assessed mainly by the regular internal and external audits that take place. External audits occur once a year, whereas internal audits occur continuously, following a predefined time schedule.

The main strengths are that the system is based on information stored electronically in various databases and there exist control measures to validate input of data. The main weakness is that there are no adequate controls in some areas. 

Quality improvements that are planned are: implementing a risk management system, improving corporate governance and implementing a corporate social responsibility/sustainable development management system.

Eurostat is the main user.

Local Media, Statistical Service of Cyprus and other organizations relating to electricity usually use these statistics after Eurostat's publication.

Not applicable.

Transmitted to Eurostat at the level of detail required.

100%. 

The EAC is the sole supplier of electricity in Cyprus and thus all information comes from one source.

• Main sources of systematic errors are due to changes in the Billing System Database by the system administrators.
• Random errors can occur due to the Billing System Database performance.

There is no possibility for sampling error as all information are available from one supplier.

Not applicable.

Information is included in the sub-concepts S.13.3.1-S.13.3.5.

Not applicable.

Not applicable.

Since administrative sources are used, the response rate is 100%.

Discrepancies were identified between the yearly average prices and the two semestrial prices in 2019. The necessary adjustments were made to the system in order to correct the data. Further checks were introduced by writing a new validation code so as to prevent such errors in the future.

Not applicable.

1 out of the 1 supplier, representing 100% of the target population provided all the data.  The unit non-response rate is 0%.

1 out of the 1 supplier, representing 100% of the target population provided all the data.  The item non-response rate is 0%.

• Systematic errors are easily rectified by the Billing System user, and the process can rerun.
• Random errors are rectified by the Billing System Database administrator and the process can rerun.

Not applicable.

The EAC is the sole electricity supplier in Cyprus.

Prices are reported to Eurostat during the third month after the reference period.

The first version of the electricity price questionnaire for households for the 1st semester of 2019 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for households for the 2nd semester of 2019 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for households for the 1st semester of 2020 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for households for the 2nd semester of 2020 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for households for the 1st semester of 2021 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for households for the 2nd semester of 2021 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 1st semester of 2019 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 2nd semester of 2019 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 1st semester of 2020 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 2nd semester of 2020 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 1st semester of 2021 was sent 90 days after the reference period.

The first version of the electricity price questionnaire for non-households for the 2nd semester of 2021 was sent 90 days after the reference period.

The second version of the electricity price questionnaire for households for the 1st semester of 2019 was sent 280 days after the reference period.

The second version of the electricity price questionnaire for households for the 2nd semester of 2019 was sent 99 days after the reference period.

The second version of the electricity price questionnaire for non-households for the 1st semester of 2019 was sent 280 days after the reference period.

The second version of the electricity price questionnaire for non-households for the 2nd semester of 2019 was sent 99 days after the reference period.

The legal deadline for submitting the questionnaires is the third month after the reference period.

100% of the questionnaires were submitted on time. Only on one occasion (2019) the date were resubmitted due to corrections.  Such problems will not occur anymore as we have set up automatic reports that will extract the appropriate data directly from EAC's Billing System Database.

None

All data is compiled according to European Regulation, hence it is comparable with other EU Countries. 

Not applicable.

No changes have occurred.

The data is comparable since 2017.

Not applicable.

Not applicable.

Not applicable.

Annual Prices are coherent with the semestrial prices.

The initial cost for setting up the reporting checking and validation was in the order of 245 euro /semester.

There is no revision policy.

There is no schedule for revisions.

Households electricity prices collection: 0.001717193

Non-households electricity prices collection: 0.001752657

Directly from EAC's Billing System database.

Twice per year.

Directly from EAC's Billing System database.

Manual validations are done by:

• comparing the statistics with previous semester results
• comparing the statistics against other internal reports
• investigating inconsistencies in the statistics
• evaluating the statistics results against expected values.

Not applicable.

Not applicable.

Not applicable.

Seasonable adjustments are not carried out.

The data collection and reporting to Eurostat is an automated process extracting directly the data in the prescribed Eurostat format. Thus, human interaction is not possible, apart from checking and validating the data, ensuring minimal errors in the process.