Cyprus addresses energy poverty with new initiatives and national targets

On Tuesday, November 10, 2026, Cypriot Minister of Energy, Commerce and Industry Michalis Damianos announced new efforts to combat energy poverty during a conference in Nicosia. According to the country’s final National Energy and Climate Plan, approximately 15% of Cypriot households are currently affected by energy poverty. The government has set a goal to reduce this figure by 10% by the year 2030.

To achieve these targets, the Ministry is developing new grant schemes for energy-poor households that will cover up to 100% of eligible costs. These grants will facilitate both comprehensive energy upgrades and individual interventions, such as the installation of photovoltaic systems or the replacement of inefficient home appliances. Currently, over 30,000 vulnerable households benefit from a 20% discount through the Special Residential Electricity Tariff, and existing schemes provide up to 80% coverage for home energy improvements.

The government plans to leverage approximately 100 million euros from the Social Climate Fund to support these policies. Minister Damianos emphasized the need to improve the targeting of assistance to ensure that no vulnerable household is left behind in the transition to affordable and clean energy.