Politis

Consumers Want Cyta in Electricity Market, Bill to Parliament

Published January 6, 2026, 06:10
Consumers Want Cyta in Electricity Market, Bill to Parliament

The Parliament is expected to discuss and vote on a bill that would allow Cyta to expand into the electricity market and related energy sectors before the May parliamentary elections. The bill amends the Telecommunications Law, giving Cyta the ability to utilize its existing infrastructure and expertise in new areas. The Cyprus Consumers Association expresses hope that Cyta will offer competitive electricity prices, especially to residents of apartment buildings who do not have access to photovoltaic systems. The President of the Parliamentary Committee on Economic Affairs, Christiana Erotokritou, stated that the bill will be thoroughly examined, both in terms of its political philosophy and technical details. The Committee will consider the positions of the Consumers Association and decide whether to approve, reject, or modify the provisions of the bill. The Ministry of Finance submitted the amending bill on October 23, aiming to modernize the legal framework for Cyta's activities. The expansion of Cyta into the energy market is considered to enhance competition and offer more choices to consumers. The company intends to leverage its technology and infrastructure to provide green energy solutions. The discussion of the bill is expected to be intense, as there are different views on Cyta's role in the energy market. Some argue that the company's expansion will create unfair competition, while others believe it will contribute to the development of the energy sector and environmental protection. The final decision will be made by the Plenary of the Parliament.

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