Energy efficiency grant scheme closes after rapid depletion of funds

The Cypriot Ministry of Energy, Commerce and Industry launched the "Save–Upgrade in Homes (2026)" grant scheme on October 20, 2026, offering up to €32,000 per household for energy-efficiency improvements. The initiative, part of the THALIA 2021–2027 programme, was co-funded by the European Regional Development Fund and the Republic of Cyprus. Initially, the project had a budget of €20 million, aimed at supporting approximately 1,300 to 1,400 beneficiaries, with applications expected to remain open until December 30, 2026.

However, due to exceptionally high public demand, the initial €20 million budget was exhausted within one and a half days. In response to this demand, the ministry allocated an additional €7.5 million from unspent funds from previous government schemes. Following the exhaustion of this supplemental funding, the ministry announced on October 21 that it is no longer accepting new applications. The scheme was designed to subsidize projects such as thermal insulation, window and door replacements, solar water heaters, high-efficiency air conditioning, and solar panel installations for homes connected to the electricity grid before January 1, 2008.