The Ministry of Energy of Cyprus has announced that the program allowing individuals to produce electricity from renewable sources for their own consumption has been extended until December 31, 2025. This decision was made to give citizens and companies more time to join the state initiative.
How the System Works for Independent Suppliers
Consumers who choose alternative energy providers instead of the state-owned EAC can apply through the Transmission System Operator (TSO). Independent suppliers are required to standardize their contracts and publish base versions, including terms of validity and key conditions. These documents will be approved by state authorities, ensuring transparency and equal conditions for all market participants.
Before signing an agreement with an independent supplier, authorities recommend checking whether the company is included in the official list of approved providers on the Ministry of Energy’s website. This helps avoid fraudulent schemes and gives clients the right to receive state subsidies and grants.
Energy Strategy and Prospects
Cyprus is actively promoting renewable energy projects as part of the EU’s goals to reduce carbon emissions and increase the share of “green” energy in the energy mix. According to the European Commission’s plans, Cyprus must significantly reduce its dependence on fossil fuels and expand the use of solar energy — the island’s main resource — by 2030.
Extending the program until the end of next year will provide households and businesses with an additional incentive to invest in solar panels and energy-efficient technologies. This not only lowers electricity costs but also strengthens the island’s energy independence — a particularly important factor given rising fuel prices.
Why It’s Important to Join Now
Experts point out that demand for solar panel installation in Cyprus is rapidly increasing. The earlier an application is submitted, the higher the chances of receiving a subsidy and being connected to the system faster. For many residents, participation in the program is not only a way to save money but also a contribution to the sustainable future of the country.