End Unfair Electricity Authority of Cyprus Effective Monopoly


Guest

/ #93

2012-02-25 04:26

Practically the expenses to produce electricity in an island are so high, no private company is interested in doing so. The monopoly as you say ended 4 years ago and still no one applied. Just to let you know where every euro goes when you pay electricity:
60 cents to fuel
13 cents to vat
2 cents to private generator ( wind generator you see in the fields, ΥΔΩ, ΚΟΔΑΠ, ΑΠΕ)
and last 25cents to AHK.
With that 25 cents AHK his to pay salaries, do maintenance and create power stations. Just name me one company who can survive with 25% profit only. Don't be fooled. Do your own conclusions dont just follow what the others just say.