CYPRUS MIRROR
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KIB-TEK Raises Electricity Prices by 15%

KIB-TEK Raises Electricity Prices by 15%

KIB-TEK has announced a 15% increase in electricity tariffs, effective from today. In addition to this, the fixed fees applied to subscribers have also been increased by 19.19%, in line with the recent rise in the minimum wage.

Publish Date: 01/10/24 14:14
reading time: 1 min.
KIB-TEK Raises Electricity Prices by 15%
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The statement from KIB-TEK clarified that the deposit amounts and fixed fees have been updated based on the new minimum wage and that the new tariff will be in effect as of October 1st.

In addition to the 15% increase in electricity prices, service and deposit fees have also been raised by varying percentages, reflecting changes in the gross minimum wage.

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