The Electricity Authority of Cyprus (EAC) (Greek: Αρχή Ηλεκτρισμού Κύπρου (ΑΗΚ)) was founded in 1952 by the British colonial government.

In 2015,[2] the EAC generated a total of 4,128 GWh of electricity consuming 947,226 tonnes of fuel costing €288,632,000.

A total of 2.0 GWh of the produced electricity in 2015 valued €240,000 ended up in the area occupied by Turkey and no money could be collected for it.

To cope with the extended loss of its largest power station, the Authority had to impose rolling blackouts.

As a precondition to the accession of Cyprus to the European Union, the local market for electricity generation has been opened to private companies, but so far no private power plants have been built, although four licenses have been granted by Cyprus Energy Regulatory Authority.