Cyprus encourages homeowners to ‘save and upgrade’
![](https://ec.europa.eu/newsroom/repository/picture/2021-12/20210311_news-2_80761.jpg)
Up to 60 % of their total eligible renovation budget will be reimbursed, although for low-income residents this increases to 80 %. One of the eligibility criteria is that the home must already have an energy rating of C or lower.
With the help of a qualified expert, homeowners can decide on the work that needs to be done to reduce their energy consumption by at least 60 %. The project funding will cover the purchase and installation of energy-saving measures.
These can include insulation, new windows or doors, photovoltaic panels and batteries, heat pumps, air-conditioning and intelligent energy-management systems.
The project starts on 9 March and has a total budget of EUR 30 million.
Author: Evagoras Prokopiou
Source article on https://www.philenews.com/ on 28/02/2021