Filenews 14 February 2026 - by Eleftheria Paizanou
Behind-the-scenes fermentation and consultations are underway for Cyta to enter the game of electricity supply from renewable energy sources (RES).
Cyta and EAC, according to information from "F", are exerting intense pressure on the parties for the bill pending before the parliamentary Finance Committee. The first requires the approval of the bill, while the second the opposite.
The bill is not on the agenda of the parliamentary Finance Committee on Monday. The members of the committee, in the next five scheduled sessions remaining before the self-dissolution of the Parliament, will have to make their final decisions. However, the purpose is for the issue to be closed by the existing Parliament.
The majority of the parties did not take a clear position on the bill, they simply asked several questions before determining the final position they will adhere to. At the same time, some parties are concerned about the possible competition that the EAC will have from Cyta, which is also an arm of the state.
There is also concern about the impact of Cyta in case of non-approval of the bill, as other private telecommunications providers will offer combined energy and telecommunications packages.
The non-approval of a bill is detrimental to Cyta
The president of the Organization, Maria Tsiakka, in writing in response to questions submitted by MPs in the context of the discussion of the legislation, said that this would be unequal and detrimental to Cyta, which will not be able to compete equally in an open market.
At the same time, due to the limitations of the legal framework, it is impossible for Cyta and EAC to cooperate, which was requested by EAC President George Petrou, as this would essentially refer to an indirect state monopoly.
Despite Cyta's assurances that it targets a specific profile of consumers, such as young couples renting homes, people living in apartment buildings and small businesses that cannot install their own photovoltaic systems, the EAC expresses concerns.
He argued that the customers targeted by Cyta are residential consumers, whom the EAC will lose to its customers. The EAC president spoke of a loss of up to 5 thousand. consumers.
Cyta, in its written note, emphasizes that it intends to conclude agreements with RES energy producers, as it does not currently have its own production, noting that, even in the case of developing its own production, the majority of the energy that will be required will continue to come from third parties. It also indicates that Cyta's entry into the Energy sector will be an incentive for other producers, contributing to the further development of photovoltaic parks and RES in general.
A few days ago, it was said in Parliament that in case there is no sufficiency of RES electricity, conventional energy that Cyta will supply from the EAC will be used. In yesterday's announcement, Cyta states that it is asking for the obvious, i.e. equal institutional capacity and the same flexibility in its own legislative framework, so that it can operate equally in an open and competitive market. It emphasizes that private telecommunications providers already have the possibility to operate in any sector they consider operationally critical.
The EAC's demands
The EAC, for its part, has called on the Ministry of Energy, CERA, and EPA to assist in the effort of the two largest organizations of the state, for the benefit of the electricity consumer. In particular, it demands that it be given the opportunity to cooperate with Cyta and other public and private organisations. It also asks them to abolish the restrictions in the EAC on the conclusion of bilateral contracts with RES producers to reduce the price of electricity to consumers.
