Taxes and levies accounted for approximately 28% of household electricity bills in Cyprus in the second half of 2025, compared with around 29% across the EU, according to a briefing published by the European Parliamentary Research Service (EPRS). The figures refer to households with annual electricity consumption of between 2,500 and 4,999 kilowatt-hours.
The briefing examines a proposal presented by the European Commission in July 2026 to reform certain rules affecting electricity bills, including changes to network charges, taxation and the installation of smart meters. The proposal aims to reduce electricity system costs and promote electric mobility, electric heating and other uses of electricity.
According to EPRS, electricity prices in the EU in 2025 were, on average, more than twice as high as those in the United States and almost 50% higher than those in China.
Meanwhile, the cost of fossil fuel imports into the EU reached nearly €336 billion in 2025, with the Commission linking the proposed revision to the need to reduce dependence on international fossil fuel markets.
(Source: CNA)
