Applications open for PVs for all scheme
Applications for the reissued grants scheme to encourage the use of renewable energy sources in residences opened on Monday, aiming for interest from an additional 3,000 households across Cyprus.
According to the energy ministry, the Photovoltaics for All scheme, first launched in March, saw high demand in its initial phase, with 6,000 applications submitted within four months.
Many households have already completed installations.
The initiative aims to assist non-vulnerable households lacking initial capital to install photovoltaic systems (PVs), helping them reduce electricity bills and their environmental impact.
For eligible applicants, the investment cost is covered by the Renewable Energy Sources (RES) and Energy Efficiency Fund, which is repaid in instalments added to their electricity bills.
In the updated Category A3 scheme, the ministry has introduced minor adjustments to increase accessibility and effectiveness. These include the removal of the 6,000 kWh/year consumption cap from the first phase, a reduction of the grant amount from €1,000 to €500, and an increase in the repayment amount from €4,000 to €4,500. The changes aim to focus support on applicants with greater financial need.
The ministry has also broadened eligibility to include applicants with a filed purchase agreement at the department of lands and surveys, even if they are not yet the official property owners.
Detailed information on eligibility and application procedures is available on the website www.ref.org.cy, and applicants are advised to review requirements carefully before applying.