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Business Electricity Prices in Cyprus 2026

Business electricity price · H1 2026 · Eurostat nrg_pc_205, band IC, excluding VAT and other recoverable taxes

0.2306 EUR/kWhRank 2 of 38 · H1 2026

Businesses in Cyprus pay an average of 0.2306 EUR per kWh for electricity in H1 2026 (band IC, excluding VAT and other recoverable taxes), which ranks 2 of 38 countries in Europe and is 28.1% above the EU-27 business average of 0.1800 EUR per kWh. Households in Cyprus pay 0.2688 EUR per kWh with all taxes and levies included (band DC). The two prices use different consumption bands and different tax treatments, so the gap between them, +0.0382 EUR per kWh, is indicative only.

Cyprus business electricity price, H1 2026

Business price

0.2306

EUR/kWh, H1 2026, band IC, excl. VAT

Rank

2 of 38

1 is the most expensive

Vs EU-27 business average

+28.1%

EU-27 average 0.1800 EUR/kWh

Household price

0.2688

EUR/kWh, band DC, all taxes included

Household vs business electricity prices in Cyprus

Cyprus

Household0.2688
Business0.2306

Household price

0.2688

EUR/kWh, band DC, all taxes and levies included

Business price

0.2306

EUR/kWh, band IC, excluding VAT

Gap

+0.0382

EUR/kWh, household minus business

Gap in percent

+16.6%

Household price above the business price

Household: band DC, all taxes and levies included, Eurostat nrg_pc_204. Business: band IC, excluding VAT and other recoverable taxes, Eurostat nrg_pc_205. Both H1 2026, EUR per kWh. The gap is the household price minus the business price; the percentage is that gap measured against the business price.

VAT and taxes on business electricity in Cyprus

Cyprus

Excl. VAT0.2306
Incl. all taxes0.2720

Excluding VAT

0.2306

EUR/kWh, band IC, excl. VAT and recoverable taxes

Including all taxes

0.2720

EUR/kWh, band IC, all taxes and levies included

Tax wedge

0.0414

EUR/kWh, incl. taxes price minus excl. VAT price

Wedge share

15.2%

Tax wedge as a share of the incl. taxes price

Business electricity prices, H1 2026, EUR per kWh, band IC (500 to 1,999 MWh per year). Excluding VAT means excluding VAT and other recoverable taxes and levies (Eurostat view X_VAT); including all taxes is the Eurostat view I_TAX. Source: Eurostat, nrg_pc_205.

Business electricity price history in Cyprus

2022 energy crisis peak0.000.100.200.300.402007201020132016201920222025Peak 0.31620.23060.1800
Cyprus · 0.2306 in H1 2026EU-27 average · 0.1800 in H1 2026

The series starts in H2 2007, the first period Eurostat published for Cyprus in this dataset.

Latest price

0.2306

EUR/kWh, in H1 2026

Highest price

0.3162

EUR/kWh, in H2 2022

Lowest price

0.1048

EUR/kWh, in H1 2016

Change since H1 2021

+52.2%

Pre-crisis: from 0.1515 EUR/kWh in H1 2021

Half-yearly prices for Cyprus, EUR per kWh
PeriodPrice, EUR/kWh
H1 2007Not published
H2 20070.1391
H1 20080.1427
H2 20080.1807
H1 20090.1186
H2 20090.1494
H1 20100.1505
H2 20100.1730
H1 20110.1674
H2 20110.2109
H1 20120.2239
H2 20120.2342
H1 20130.2077
H2 20130.2013
H1 20140.1748
H2 20140.1903
H1 20150.1393
H2 20150.1412
H1 20160.1048
H2 20160.1295
H1 20170.1414
H2 20170.1392
H1 20180.1405
H2 20180.1811
H1 20190.1619
H2 20190.1800
H1 20200.1448
H2 20200.1364
H1 20210.1515
H2 20210.1946
H1 20220.2471
H2 20220.3162
H1 20230.2762
H2 20230.2759
H1 20240.2453
H2 20240.2578
H1 20250.2321
H2 20250.2429
H1 20260.2306

Business electricity cost in Cyprus: calculator

Estimate what a year of electricity costs at the Eurostat average business price for H1 2026. Pick a country, enter an annual consumption, and switch on the compare mode to price the same consumption in a second country.

Cyprus business price, H1 2026: 0.2306 EUR per kWh (band IC, excluding VAT, Eurostat nrg_pc_205).

Estimated annual cost, Cyprus

EUR 23,060.00

100,000 kWh at 0.2306 EUR per kWh, band IC, excl. VAT.

CyprusEUR 23,060.00

The estimate is the annual consumption multiplied by the H1 2026 business price: energy at the Eurostat average business price (band IC, 500 to 1,999 MWh per year, Eurostat nrg_pc_205), excluding VAT and any fixed or capacity charges. A real business bill also depends on the contract, the consumption band the business actually falls into and any network or fixed fees, so treat the result as a comparison figure, not a quote.

Back to electricity prices in Cyprus Business electricity prices in Europe

Source: Eurostat, datasets nrg_pc_204 (household, band DC, all taxes and levies included) and nrg_pc_205 (business, band IC, excluding VAT and other recoverable taxes), H1 2026, © European Union, CC BY 4.0.