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31. Energy poverty: The nightmare that everyone is attempting to alleviate

"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....

32. Construction materials recorded an annual increase of 16.69% in August

The Construction Materials Price Index increased by 16.69% in August 2022 compared to August 2021....

33. Photovoltaic systems are increasing in popularity in Cyprus

With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....

34. Increasing electricity costs to be subsidized by the government

A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...

35. Construction costs continued its steady rise in June

The Price Index of Construction Materials continued its rising trend in June, reflecting the increased cost borne by contractors and rising prices in the construction sector....

36. Construction materials up by 21.81% in May 2022

The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....

37. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

38. EU plans to cut Russian gas imports by two-thirds in a year

The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine. ...

39. Subsidies worth €158 million for households and businesses to be doled out in 2022

Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....

40. Price Index of Construction Materials increases by 17.1% in December 2021

The Price Index of Construction Materials had a 17.1% increase in December 2021, compared to December 2020, reaching 119.66 units (base year 2015=100), according to data by the Statistical Service of Cyprus....

41. Prices of construction materials up by 17.87% in November

The Price Index of Construction Materials for November 2021 recorded an increase of 17.87% compared to the same month of the previous year, according to data released Friday by the Statistical Service of Cyprus....

42. Why Europeans are facing a 'heavy winter'

Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....

43. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

44. Solar panels being installed in over 400 Cyprus schools

Education Minister Prodromos Prodromou said Tuesday that the Cyprus Electricity Authority has begun the process of insulating and installing solar panels at 405 schools across Cyprus, allowing schools to take on the extra electricity load of air conditioners that are desperately needed as the heatwave rages on. Currently, 107 schools have solar panels....

45. New plan to subsidise home solar systems

Home owners who install residential solar power systems will be eligible for state subsidies up to €1000, according to a government plan approved by the Cabinet on Thursday...

46. Cyprus solar power production on the rise