Supported by
Home improvement grants. Up to €32,000 available, applications open October 20th.
Grants for home modernization will reach up to 32,000 eurosThe "I Save – Modernize Homes 2026" program includes building insulation, window replacement, energy-efficient air conditioning, heat pumps, photovoltaics, and energy storage. This program requires a significant reduction in energy consumption.
Applications will be accepted from October 20, 2026, at 9:00 a.m. to December 30, 2026, at 11:59 p.m.The budget is €20 million, and the application process may end earlier if funds are exhausted. Applications will be evaluated in the order they are submitted, so it's a good idea to start preparing before the system opens.
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Who can receive funding?
The program is aimed at individuals who own eligible property. Anyone interested can apply. one application under this call for proposals.
The home must have an existing account with EAC, the Cyprus Energy Company. The account must be managed on a residential tariff and owned by a private individual. The property cannot be used for business purposes.
Support is intended for older buildings. The first connection to the network should occur before January 1, 2008Alternatively, an application for a planning or building permit must have been submitted before December 21, 2007.
Home improvement grants - two options
The maximum amount depends on the outcome of the work performed. Both options require a reduction in consumption. primary energy by at least 60 percent
This doesn't automatically mean a 60% reduction in bills. Savings will be determined based on the building's energy performance before and after the investment.
| Variant | Maximum subsidy | Required effect |
|---|---|---|
| Type A | 32,000 euros | Nearly zero energy building standard with a minimum of 60% primary energy savings. |
| Type B | 24,000 euros | Minimum 60% primary energy savings, without the requirement to achieve the nearly zero-energy building standard. |
The amounts provided are upper limits, not a uniform payout for every owner. The amount of support depends on the investments selected and the rates specified in the program guide.
Preferential conditions are provided for recipients belonging to particularly vulnerable groups, houses in mountainous areas and properties in settlements for displaced persons.
What work does the program cover?
Funding may cover:
- insulation of walls, roof and other building elements;
- replacement of windows and doors;
- installation of shading systems;
- solar water heating systems;
- energy-saving air conditioners;
- high-efficiency heat pumps;
- photovoltaics settled in the net-billing system;
- home energy storage;
- services of an authorized energy expert.
The program does not finance just any renovation. The scope of work must achieve the required energy standard. Replacing an air conditioner or installing solar panels alone does not guarantee compliance.
First, an energy certificate
Before submitting the application, you must obtain energy performance certificate, abbreviated as PEA. The document is prepared by an authorized expert entered in the Energy Service register.
The initial certificate must be issued May 15, 2026 or laterThis will allow you to determine the condition of the building and plan the work needed to achieve the required savings.
After the modernization, another certificate will be required. Comparison of both documents will be used to confirm the investment's results.
The owner should consult with an expert before commencing renovations to determine the sequence of work. Expenditures incurred prematurely or in violation of the regulations may not be eligible for funding.
Where to submit an application?
Documents will be accepted exclusively electronically through the government's Industry and Technology Service Grant Program System. The Ministry recommends using Chrome, Firefox, or Edge browsers.
APPLICATIONS FOR FUNDING
Recruitment will begin on October 20th
Start: October 20, 2026, 9:00 AM
End: December 30, 2026, 11:59 PM
Budget: €20 million. The recruitment may end earlier if funds are exhausted.
GO TO THE APPLICATION SYSTEMA detailed guide outlines subsidy rates, technical specifications of devices, and required documentation for settlement. Information about the program is also available by calling 17107.
Some expenses can be incurred before submitting the application, but this is at the owner's risk and does not guarantee funding. Invoices, photos, and documentation confirming the scope and timing of the work must be retained.
The best first step is to contact a qualified expert. They will verify whether the home meets the criteria and what investments are actually eligible for funding.
Sources: Ministry of Energy, Trade and Industry, government financial programs portal, Reporter
