The Ministry of Energy, Commerce and Industry has announced the relaunch of its renewable energy grant scheme “Photovoltaics for All” for an additional 3,000 households.
The ministry said the initiative, first launched in March last year, had proven highly successful, with 6,000 applications received within four months during its initial phase. Many households have already completed their installations.
The scheme aims to encourage non-vulnerable households who lack initial capital to install photovoltaic systems in their homes, helping them utilise clean solar energy whilst reducing electricity bills and their environmental footprint.
Under the programme, the Renewable Energy and Energy Savings Fund covers the upfront investment cost, which beneficiaries later repay through instalments integrated into their electricity bills.
The revised scheme introduces several modifications, including the removal of the previous 6,000 kWh annual consumption limit. The grant amount has been reduced to €500 from €1,000, whilst the repayment amount to the fund has increased to €4,500 from €4,000.
The ministry said these changes would discourage those who can self-finance their installations, as they could instead apply for the Category A1 scheme offering a €1,500 grant. This ensures the programme benefits those who genuinely need this financing option.
The scheme has also been expanded to include applicants who have submitted property purchase documents to the Department of Lands and Surveys, even if they are not yet registered owners.
Additional categories remain available under the broader grant scheme, including general photovoltaic installations with grants up to €1,500, vulnerable household installations with support up to €6,250, and roof insulation projects for both general and vulnerable categories.
The ministry encourages citizens to consider applying for these grants, noting that detailed information and online applications are available at www.ref.org.cy. It advises potential applicants to carefully review the scheme’s requirements before submitting their applications.
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