Net Metering - Support Scheme for RES for own consumption

• Support Scheme for RES for own consumption 2020
• EAC Net-Metering Technical Guide
• CERA Decision 28/2020

Under the Support Scheme for RES and Energy Efficiency, all installed rooftop/ground mounted PV installations up to 10.4kW will be connected under a net-metering scheme. The subside scheme opens annually and remains open until the available budget is exhausted.

CATEGORY A1: PHOTOVOLTAICS - GENERAL CATEGORY: EUR 375/kW (max. amount EUR 1,500) For mountainous areas the level of support is increase by 50%.
CATEGORY A2: PHOTOVOLTAICS - VULNERABLE HOUSEHOLDS: EUR 1250/kW (max. amount EUR 6,250). Vulnerable electricity consumers” for the Grant Schemes of the 'RES and EC Fund' are defined as the following link
CATEGORY Α3: PHOTOVOLTAICS FOR ALL: applicable for households that will install a PV system up to 4.16 kW. Investment repayments €1.125 per kW maximum repayments amount of €4.500 (4kW). The "repayment amount" is returned by the Applicant to the RES and EC Fund via bi-monthly charges of €150, paid through the PARTICIPATING SUPPLIER (e.g. EAC) with a corresponding charge to the applicant's electricity bill.

Cypriot citizens or citizens of another Member State or a State of the European Economic Area are eligible. Regarding the buildings, their owners should have issued a construction license prior to 01 January 2017. 

For all Categories they can apply prior to any agreement for PV installations. The interest applicant receives a confirmation of approval regarding the PV installation and then can proceed to finalise the project. The application is done online to the RESEC Fund and must contains all relevant documents (building permit, EAC bill, invoice etc). If approved, the applicant submits all necessary documents, and the subsidy is paid off.

For Category A2 and A3, interested applicants should apply electronically before proceeding with the purchasing and installation. If they fulfil the inclusion criteria, applicants receive pre-approval for the money and must, within 10-12 months, complete the investment. Then, they submit an application to the RESEC Fund. If approved, they applicant submits all necessary documents, and the subsidy is paid off.

• RESEC Fund
• EAC – Production
• EAC - Supply
• DSO Cyprus