Public Sector Obligations (P.S.O.) 

The Cyprus Energy Regulatory Authority decided on 23/6/2010 (Decision No. 01/2010) to allow the Electricity Authority of Cyprus (EAC) to recover its costs towards the Public Service Obligations and specifically the loss of revenue, as a result of introducing/applying the new tariff for Large and Needy Families (Tariff code 08). 

The recovery of costs shall be implemented by charging €0,00134 for every KWh consumed on all electricity bills. This charge is considered as a tariff element/parameter and subject to VAT. 

This charge will appear on all electricity bills that will be recorded (meter readings taken) as from 1/8/2010 onwards and written on the bill as «P.S.O. Charge».