The Cabinet has given the green light to implementing the ‘Photovoltaics for All’ scheme, subsidising up to 6,000 homeowners to install solar systems on their roofs, which will be up and running from the end of next month.

The subsidy scheme comprises five distinct categories, each crafted to “democratise access to solar energy and roof insulation for all households,” according to a government announcement.

The latest version of the scheme will allow homeowners to install a photovoltaic (PV) system to reduce consumption and lower electricity bills, regardless of whether they have the initial capital needed.

In the imminent days, installers specialising in photovoltaics and roof insulation will start to enrol with a government register, laying the groundwork for the public to initiate their applications.

The budget for the latest version of the ‘Photovoltaics for All’ plan is €30 million.

Credit:: Nigel Howarth @ Cyprus Property News 28.1.24