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Support Scheme for the installation/expansion of photovoltaic systems and the installation of smart meters in homes for the plugging-in and charging of electric or hybrid vehicles.

Summary

The second Policy Axis seeks to make a significant contribution to green transition and environmental sustainability, through the achievement of national targets for climate neutrality, energy efficiency and renewable energy sources. It promotes reforms in the fields of climate and energy, sustainable transport, water resources management and the wider environment.

This axis is also the most important in terms of the overall contribution of the Plan to the climate targets, which reaches 41% of the total budget of the Plan, with actions over €500 million that are diffused in almost all policy areas.

Programme Name

Cyprus Recovery and Resilience Plan – Axis 2. Accelerated transition to a green economy

Programme Description

The second Policy Axis seeks to make a significant contribution to green transition and environmental sustainability, through the achievement of national targets for climate neutrality, energy efficiency and renewable energy sources. It promotes reforms in the fields of climate and energy, sustainable transport, water resources management and the wider environment.

This axis is also the most important in terms of the overall contribution of the Plan to the climate targets, which reaches 41% of the total budget of the Plan, with actions over €500 million that are diffused in almost all policy areas.

Programme Details

Call

Support Scheme for the installation/expansion of photovoltaic systems and the installation of smart meters in homes for the plugging-in and charging of electric or hybrid vehicles.

Detailed Call Description

The Scheme covers the following categories of investments:

CATEGORY A:

For charging an electric vehicle or a plug-in hybrid vehicle- Category A covers:

  • the installation/ expansion of a photovoltaic metering system (net-metering)
  • the installation of smart meters in homes and
  • the installation of a charging point (optional)

CATEGORY B:

For charging an electric vehicle or a plug-in hybrid vehicle in a home where a photovoltaic metering system (net-metering) is already installed- Category B covers:

  • the installation of smart meters
  • the installation of a charging point

CATEGORY C:

For charging an electric vehicle or a plug-in hybrid vehicle in a home where a photovoltaic metering system (net-metering) is already installed- Category C covers:

  • the installation of smart meters

Financing percentage by EU or other bodies / Level of Subsidy or Loan

The Scheme provides financial incentives in the form of state grants for the following categories of investments:

CATEGORY A: Maximum Grant: € 2,250

CATEGORY B: Maximum Grant: € 1,250

 CATEGORY C: Maximum Grant: € 750

Eligibility For Participation Notes

Natural person permanently residing in Cyprus who cumulatively meet the following conditions:

  • the electricity bill of the house is issued in his/her name.
  • either himself/herself or another person with whom he or she is first-degree relative and who is resident in the same household, are owners of an electric or plug-in hybrid vehicle. For the purposes of this Scheme, first-degree relative includes: Parents, children, spouse, father/mother-in-law, son/daughter-in-law.
  • a photovoltaic metering system (net-metering) is already installed in their house
  • Programme Category
    Cyprus Recovery And Resilience Plan
    Total Budget
    €1 million
    Thematic Categories
    • Energy
    Eligibility for Participation
    • Other Beneficiaries
    Call Opening Date
    27/10/2020
    Call Closing Date
    20/12/2021
    National Contact Point(s)

    Management Committee of the Renewable Energy Sources and Energy Conservation Fund – www.resecfund.org.cy

    Energy Service – Ministry of Energy, Commerce and Industry

    Contact Persons: 
    George Tsiamettis, Commerce and Industry Officer A’
    Contact Phone: +357 22 409 350
    Email Address: gtsiamettis@meci.gov.cy

    Savvas Ioannou, Industrial Extension Officer
    Contact Phone: +357 22 409 350
    Email Address: sioannou@meci.gov.cy

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