Cyprus €20m Home Energy Grants: Applications Open 20 October
A new €20 million round of Cyprus's Save and Upgrade Homes scheme opens for applications on 20 October 2026, offering grants of up to €32,000 for deep energy upgrades of homes built before 2008.
By RealDeal team · 3 min read · Published 1 Oct 2026 · Updated 8 Oct 2026
The Ministry of Energy, Commerce and Industry has announced that the 2026 Save and Upgrade Homes scheme ("Exoikonomo – Anavathmizo") will open for applications at 9am on Tuesday 20 October. It will close at 11.59pm on 30 December 2026, or earlier if the €20 million budget runs out. The scheme is part of the THALIA 2021–2027 programme and is co-financed by the European Regional Development Fund and the Republic of Cyprus. Applications are submitted through the ministry's online grants platform and assessed on a first-come, first-served basis; each individual may submit one.
Who qualifies
- The home must be owned by an individual and have an EAC domestic electricity account registered to an individual.
- It must have been first connected to the grid before 1 January 2008, or its planning or building permit application must have been submitted before 21 December 2007.
- Before applying, owners need an Energy Performance Certificate (EPC) from a qualified expert registered with the Energy Service, dated 15 May 2026 or later.
Grant categories
| Category | Requirement | Maximum grant |
|---|---|---|
| A | Upgrade to a nearly zero-energy building, with primary energy savings of at least 60% | €32,000 |
| B | Primary energy savings of at least 60% | €24,000 |
Higher grants apply to homes of vulnerable consumers, properties in mountainous areas and refugee housing in government settlements. In May, the minister said funding for these groups would be increased by 20%.
What is covered
Eligible works include thermal insulation, replacement windows and doors, shading systems, solar water heaters, high-efficiency air conditioning and heat pumps, photovoltaic systems and battery storage, as well as the services of qualified energy experts. Savings are measured by comparing the initial EPC with a final certificate issued after the works, and the works must be carried out after the initial EPC.
Context
This is the third call under the scheme. It brings the amount allocated through THALIA for home upgrades to €85 million, although the budget is smaller than the €30 million of the previous round. The minister acknowledged that the last round suffered delays in processing payment claims. This time, low-risk applications may be approved without on-site checks.
What this means for owners and landlords
- Get the EPC early: the certificate must be dated 15 May 2026 or later, and the budget is allocated in order of application.
- The scheme is for older homes and deep renovations: only homes connected before 2008 qualify, and the works must cut primary energy use by at least 60%.
- For landlords, a deeper upgrade can improve a property's energy rating and lower running costs for tenants.