EPRS report analyzes electricity costs and tax burdens in Cyprus and the EU

A report published by the European Parliamentary Research Service (EPRS) on September 25, 2026, reveals that taxes and levies accounted for approximately 28% of household electricity bills in Cyprus during the second half of 2025. This figure is slightly lower than the European Union average of 29%. The data pertains to households with an annual electricity consumption ranging between 2,500 and 4,999 kilowatt-hours.

The report evaluates a proposal introduced by the European Commission in July 2026 aimed at restructuring electricity billing rules, including network charges, taxation policies, and the rollout of smart meters. These measures seek to reduce overall system costs and support the transition toward electric mobility and heating. Data from the EPRS highlights that average EU electricity prices in 2025 were more than double those in the United States and nearly 50% higher than those in China. Furthermore, the European Union spent approximately €336 billion on fossil fuel imports in 2025.

The proposed reforms are part of a broader strategy by the European Commission to modernize energy infrastructure and mitigate the impact of high energy costs on consumers. Future legislative discussions are expected to address the implementation of these new billing and infrastructure standards across member states.