A unit costs you 30.6c. Export it and you get 11.
Your EAC bill shows one total, but behind it sit seven separate charges. Every unit of solar your home uses as it is made saves you all seven. For every unit you send to the grid you are paid one price, and a much smaller one.
The figures come from EAC's own tariff sheet, for bills issued in September 2026, and apply to homes on the net billing contract EAC Supply offers for new solar systems. If you are on net metering, this does not apply to you until your contract ends.
What a unit of electricity costs you
| Line on your bill | Per kWh |
|---|---|
| Energy charge | 17.89c |
| Network charge | 3.93c |
| Ancillary services | None since 2026 |
| Fuel adjustment | 6.76c |
| Public service levy | 0.05c |
| VAT at 5% | 1.43c |
| RES and energy saving fund | 0.50c |
| One more unit costs | 30.56c |
That is EAC's standard domestic tariff, Code 01, which most homes are on.12 Two fixed charges sit outside the table on every bill: €0.94 for meter data management and €8.00 for supply. You pay those whether you have solar or not.
What a unit costs, and what one earns
Cents per kWh, bills issued September 2026, EAC Tariff 01
What a unit you export earns
Under EAC's net billing contract, the energy you have left over is paid at the price EAC Supply pays for renewable energy. CERA caps that price at 11c/kWh at low voltage, and 11c is the figure we use in our estimates.3
In effect you are in two markets at once. When you buy, you are a customer and you pay for the whole chain: the power station, the wires, the levies, the tax. When you sell, you are a very small generator, offering electricity to an island that already has more than it needs at that hour.
Why 11 cents, and not more
Every solar system in Cyprus produces in the same hours. So by the middle of a spring day the system has more electricity than it needs, and the value of midday power drops almost to nothing.
The reason lies in how the wholesale market works. Since October 2025 Cyprus has had a competitive electricity market. Every day, for each half hour of the next day, the generators make their offers: EAC's power stations, the solar parks, the wind farms. EAC Supply and the independent suppliers buy that electricity to sell on to homes and businesses. The price of each half hour is set by supply and demand: the more electricity on offer compared with what the island needs, the lower it falls. Every generator selling in that half hour is paid the same price.6
At one o'clock on an April afternoon, with every panel on the island producing at once, supply runs far ahead of demand. The University of Cyprus's monthly market reports show that in spring 2026 the price often fell to zero around midday, and in May nearly every day.5 Zero, in exactly the hours your panels produce the most.
In the evening the opposite happens. The sun sets, everyone comes home, air conditioning, ovens and televisions switch on, and the island leans on the power stations that burn fuel. Then electricity is scarce and expensive.
For a unit you send to the grid at midday you are paid 11c. The same unit, bought back in the evening, costs you 30.6c. The difference between the two is about 19.6c/kWh today, and that is exactly what a battery earns on every unit it moves from midday to evening.
That difference does not stay fixed. The fuel adjustment has ranged from 2.38c to 9.93c/kWh this year, depending on what EAC paid for fuel and carbon allowances.2 And VAT on household electricity is a temporary 5%, under a decree that runs to 31 March 2027.4 When fuel goes up, the difference grows.
What a battery is really worth
A battery moves your solar from midday, where it is paid 11c, into the evening, where it saves you the whole 30.6c.
A 5 kWh battery in a Cyprus home typically moves 3 to 5 units a day, so 1,100 to 1,800 units a year. At today's difference that comes to €215 to €358 a year.
Curtailment makes the difference bigger still. In the first five months of 2026 Cyprus switched off more than 65% of its potential solar, and homes are now included. A unit the grid refuses is paid nothing at all, so in those hours every unit you store instead of exporting is worth the full 30.6c. How much solar the grid is switching off →
See your own numbers
Our calculator uses 27c/kWh, the average of every bill since net billing began, rather than this month's 30.6c. It takes less than a minute and shows what your roof, your usage and a battery would do together.
Keep reading
The grid is switching off your solar
Cyprus switched off 65% of its potential solar output in early 2026, and homes were cut off up to 17 times a month. What it costs you, and what reduces it.
ExplainerNet billing: what your panels earn now
Since January 2026 every new solar system in Cyprus runs on net billing. A unit you use yourself saves about 27 cents, and a unit you export earns 11.
References
- EAC, Domestic Use Tariffs, Codes 01, 02 and 08, issued March 2026, applying from 1 May 2026. EAC (PDF)
- EAC, Fuel Adjustment: the billed low-voltage figure for bills issued September 2026 is 6.7552c/kWh. EAC (in Greek)
- Cyprus Energy Regulatory Authority (CERA), Report 04/2018 as amended by Regulatory Decision No. 112/2023, which caps EAC Supply's purchase price for renewable energy at 11c/kWh at low voltage. CERA (PDF, in Greek)
- Decree K.D.P. 167/2026: a temporary 5% VAT rate on household electricity, to 31 March 2027. Reported here
- PHAETHON Centre of Excellence, University of Cyprus, Cyprus Electricity Market monthly reports: March 2026, April 2026 and May 2026.
- Cyprus Mail, 3 September 2026, on who sells and who buys in the Cyprus wholesale market. Read the article
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This article is provided for information only and is not financial advice. Figures are estimates based on published EAC tariffs and typical household patterns; your own result will differ. Switch is not responsible for decisions made in reliance on it.