88 Cyprus Energy Regulatory Authority Electricity prices Figures 24, 25 and 26 present historical data for each year from 2016 until 2021 (in €c/kWh): • Network usage fees for consumers connected to low voltage (it includes the Transmission System Tariff, Medium Voltage Distribution System Tariff, Low Voltage Distribution System Tariff, Tariff for the Recovery of Expenses of the TSOC and the Tariff of Ancillary Services and Long-Term Reserve). • The allowed revenue of EAC per unit sold. • The average price of the basic wholesale tariff (T-W) per unit exported. It is noted that the new regulated tariffs of electricity of the EAC, which are based on the statement on the Regulatory Practice Statement and the methodology of electricity tariffs (Regulatory Decision 02/2015, KDP 208/2015 have entered into force since 2017. Figure 24 - Network usage fees for consumers connected to low voltage, 2016 - 2021 Network usage fees (€c/kWh) 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5 6.0 2016 2017 2018 2019 2020 4.41 3.80 (-13.8%) (+2.1%) 3.88 (-6.2%) 3.64 (-2.0%) 3.46 (total reduction 2016-2021: -21.5%) 2021 (-3.0%) 3.53 Figure 25 - The allowed revenue of EAC per unit sold, 2016 - 2021 Allowable Revenue (at basic fuel price €300/M.T) per unit sold(€c/kWh) 11.0 11.5 12.0 12.5 13.0 13.5 14.0 14.5 15.0 2016 2017 2018 2019 2021 13.65 (-4.2%) 13.07 (+1.0%) 13.20 (-0.5%) 13.14 (-3.4%) 12.70 (total reduction 2016-2021: -12.3%) 2020 (-5.7%) 11.98
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