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​​​

​ ​ ​ ​ ​ ​ ​ ​ ​2023

​​

January

975,02
15,897
16,126
16,267
23,235
23,565
23,769
January​​
February

910,36​14,375
14,581​
14,708​
21,713​
22,020​
22,210

February

March 

931,11

14,863
15,077
15,208
22,201
22,516

22,710

March

April

869,06

13,402
13,594
13,713
20,740
21,033

21,215

April

May

889,71

13,888
14,088
14,211
21,226
21,527

21,713

​​May

June

835,80​

12,619
12,800
12,912
19,957
20,239

20,414

​​June

July

​837,94

3,117
3,281
3,498
10,455
10,720

11,000

​​July

August

830,29

3,047
3,243
3,498
10,385
10,682

11,000

​​August

September

849,72

3,047
3,243
3,498
10,385
10,682

11,000

​​September

Octo​ber

877,44

3,047
3,243
3,498
10,385
10,682

11,000

​​October

November

931,84

3,047
3,243
3,498
10,385
10,682

11,000

​​November

December

879,87

3,047
3,243
3,498
10,385
10,682

11,000

December

​​​January 2024

​​


Notes


Connected Voltage Level 

"Basic Purchase Price" €cent/kWh

Fuel Adjustment Coefficient

from Jan. / Feb. 2023 until
 May / June  2023 with basic fuel price €300/MT

​from June / July 2023 until Dec. 2023 / Jan. 2024 with basic fuel price €300/MT​​​​​​

from Jan. / Feb. 2023 until
 May / June 2023 


from June / July 2023 until Dec. 2023 / Jan. 2024 ​​​

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.  ​


2022

 2021 


2020​


​​2019​​​​


2018 

2017

 

2016

 

2015

 

2014

 

2013

 

2011 - 2012

 

2008 -​ 2010