Cyprus announces 2026 Save and Upgrade Homes grant scheme

The Cyprus Ministry of Energy, Commerce and Industry has launched the 2026 'Save and Upgrade Homes' grant scheme, featuring a total budget of €20 million. Co-financed by the European Regional Development Fund and the Republic of Cyprus under the Thalia 2021-2027 programme, the initiative aims to improve residential energy efficiency, with individual grants reaching up to €32,000.

Applications will be accepted from October 20, 2026, until December 30, 2026, or until the budget is exhausted. Submissions must be made through the ministry’s online portal using Chrome, Firefox, or Edge. Eligible properties must be owned by individuals, have a domestic EAC electricity account, and either have been connected to the grid before January 1, 2008, or have had a building permit application filed before December 21, 2026. Applicants must achieve at least 60% energy savings through the proposed upgrades. The process follows a first-come, first-served basis.

While the primary beneficiaries are natural persons, renters or authorized individuals may also apply with owner consent. Properties owned or used by legal entities or businesses are excluded from the scheme. The ministry emphasizes that the grants target comprehensive energy upgrades rather than individual, isolated interventions.