Title: Scheme for Promoting Saving and Upgrading of Households 2nd Call

Program Description

The Scheme aims to deep energy renovation of existing households, belonging to individuals who are permanent residents of the Republic of Cyprus.

This purpose would be achieved by providing non- repayable financial aid during the first Call for Proposals. The type of incentive may be revised to the remaining Calls.

The Scheme includes the following three (3 ) types of investments:
A. Deep Energy Renovation of Buildings for achieving at least B class of energy efficiency in the Energy Performance Certificate ( EPC ) or energy saving at least 40 % relative to the total building energy consumption before upgrading .

B. Deep Energy Renovation of Buildings for Upgrading to nearly zero energy buildings, as defined in the relevant Decree issued by the Minister for Energy , Trade , Industry and Tourism under the arrangements of the Energy Performance of Buildings Laws of 2006-2012 .

C. Implementation of individual energy saving measures to households that are used as permanent residence of vulnerable consumers.

Grants that will be granted to beneficiaries who will join the Scheme are:
- 50 % of the total approved budget of the proposal for the first type of investment (the percentage is increased to 75%, for applications submitted by vulnerable consumers) and
- 75 % of the total approved budget of the proposal for the second and third type of investment.

The maximum grant amount could reach €25.000 per building or €20.000 per building unit (apartment).

Type of Category

  • Energy

Eligible Applicants

Beneficiaries are all natural persons (individuals), who are permanent residents of the Republic of Cyprus, at least during the past six (6) months prior the submission of their application.

Eligible Expenditures

Eligible costs cover a wide range of energy saving measures in buildings , among which are insulate of buildings shell, replacement of heating / air conditioning systems, installation of renewable energy systems for heating / cooling , installation of electricity saving systems etc

Type of Funding

Co-Financed by the Republic of Cyprus and the European Structural and Cohesion Funds

Call Date: 19/03/2018

Expiration Date: Until the budget is exhausted

Call Budget: €8 mil.

Managing Authority

Industry and Technology Service MECIT

Contact Point

Andreas Lizides - Industrial Extension Officer
Tel: +357 22867148
Email: alizides@mcit.gov.cy

Daminos Louca - Commerce and Industry Inspector
Tel: +357 22867180
Email: dlouca@mcit.gov.cy

Georgios Hadjigeorgiou - Commerce and Industry Inspector
Tel: +357 22867202
Email: ghadjigeorgiou@mcit.gov.cy

Please note that the Guide of the Scheme and all related documents are available in Greek only.