Energy Purchase from RES

​​​​​​​​​​​​​​​​​Purchase Price ​by EAC for Energy ​produced from Renewable Energy Sources (€cent/kWh)​


Monthly Producers






​Bi-Monthly Producers


Monthly Weighted Average Fuel Price

€​

Fuel Adjustment on Basic Purchase Price  (increase)​​   

cent / kWh


​​ Purchase Price of Energy from RES. 
Based on CERA's Decision 
no. 112/2023 
    (Basic Price+Fuel Adjustment)          

cent / kWh

​​
​​
​ ​ 

132/66KV​

​​11KV

LV​​​

​132/66KV​

​11KV​​​​

LV​​​

​ ​ ​ ​ ​ ​ ​ ​ ​2024

​​

January

846,42
3,047
3,243
3,498
10,385
10,682
11,000
January​​
February

813,57
3,351
3,405
3,498
10,689
10,844
11,000​

February

March 

777,45

3,351
3,405
3,498
10,689
10,844

11,000

March

April

795,31

3,351
3,405

3,498
10,689
10,844

11,000

April

May

805,95

3,351
3,405
3,498
10,689
10,844

11,000

​​May

June

820,90

3,351
3,405
3,498
10,689
10,844

11,000

​​June

July

821,68

3,351
3,405
3,498
10,689
10,844

11,000

​​July

August

810,67

3,357
3,408
3,498
10,695
10,847

11,000

​​August

September

816,57

3,357
3,408
3,498
10,695
10,847

11,000

​​September

Octo​ber

782,16

3,357
3,408
3,498
10,695
10,847

11,000

​​October

November

751,87

3,357
3,408
3,498
10,695
10,847

11,000

​​November

December

760,08

3,357
3,408
3,498
10,695
10,847

11,000

December

​​​January 2025

​​


Notes


Connected Voltage Level 

"Basic Purchase Price" €cent/kWh

Fuel Adjustment Coefficient

from Jan. / Feb. 2024 until
 May / June  2024 with basic fuel price €300/MT

from June / July 2024 until Dec. 2024 / Jan. 2025 with basic fuel price €300/MT​ ​​​​​​​

from Jan. / Feb. 2024 until
 May / June 2024 


from June / July 2024 until Dec. 2024 / Jan. 2025​​​​

132/66KV

7,338

​            7,338          

0,00023551

​0,00023551

​11KV

7,439

7,439

0,00023889

​0,00023889

​LV

7,502

7,502

0,00024098

0,00024098​

​​

formula EN.png

Based on Cyprus Energy Regulatory Authority's (CERA) Decision No. 112/2023, when the Avoidance Cost of Thermal Production of EAC's Generation is below 11 cent/kWh at Low Voltage, then the Purchase Price of Energy from Renewable Energy Sources (RES) is equal to the current price of the Avoidance Cost of Thermal Production of EAC's Generation. When the Avoidance Cost of Thermal Production of EAC's Generation exceeds 11 cent/kWh, then the Purchase Price of Energy from RES is 11 cent/kWh at Low Voltage. The price for Medium and High Voltage, is calculated based on the average of the monthly loss factors of the six month-period and according to the current valid CERA's Decisions.  ​

2023

2022

 2021 


2020​


​​2019​​​​


2018 

2017

 

2016

 

2015

 

2014

 

2013

 

2011 - 2012

 

2008 -​ 2010