In this section you can find information on National Grant Schemes which are being published by the Ministry of Energy, Commerce and Industry.
The Plan aims to promote the implementation of energy audits in the areas where they carry out their economic activity and in which energy is consumed (buildings, industrial facilities and processes, agricultural facilities and transport) by SMEs that are registered and operate in areas under the control of Republic of Cyprus. The measure aims to carry out an energy audit in as many SMEs as possible.
The SMEs in which an energy audit will be carried out are expected to receive detailed knowledge of their energy profile. They will also be informed about the prioritization and planning of cost-effective energy saving measures that they will be able to implement, based on the recommendations that the energy auditor will propose in his report. It is expected that the SMEs that will carry out an energy audit utilizing the provisions of this plan, will proceed to implement the energy saving investments proposed by the energy audit, utilizing other financial tools and/or private funds and/or licensed Energy Service Providers (hereinafter “PEY”).
The Scheme exclusively covers part of the expenditure for carrying out an energy audit, provided that it is carried out by an Energy Auditor (hereinafter “EU”) registered in the respective register in accordance with KDP184/2012.5 The EU register is posted on the website of the Energy Service of the Ministry of Energy, of Trade and Industry (hereinafter “YEEB”) (www.energy.gov.cy). The Plan does not cover investments with retroactive effect.
All existing SMEs operating in areas effectively controlled by the Republic of Cyprus have the right to apply.
SMEs that may participate in the project should meet the following conditions:
Provided that with the written authorization of the applicant/beneficiary, the sponsorship may be assigned to a third party (including the energy auditor or the energy service provider), after the approval of the application for sponsorship by the Commission.
“SME” means a business that meets the definition of Small and Medium Enterprises. In summary, “SME” means a business which:
Businesses that are part of larger groups should also take into account data related to employees/turnover or the balance sheet of the Grant Scheme to promote the implementation of energy audits in Small and Medium-sized Enterprises taking into account the definitions of Associates and Affiliated businesses in the Regulation .
In addition to the above limits, an enterprise cannot be considered an SME if 25% or more of its capital or voting rights are controlled, directly or indirectly, by one or more public organizations or public bodies, individually or jointly.
The buildings, facilities, equipment and vehicles for which the energy audit related to the submitted application is carried out should meet the following eligibility conditions:
Address:
Ministry of Energy, Trade and Industry,
Andrea Arauzou 6,
1421 Nicosia, Cyprus
Call Center: +357 22867100
Facsimile (fax): +357 22375120
Email: perm.sec@meci.gov.cy