Subsidy scheme for solar hot water production systems in residences

The amount of the sponsorship is up to €900. Increasing the number of homes that will benefit from 1.800 to 3.000

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The Council of Ministers approved during its last session, following the proposal of the Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, the new "Subsidy Scheme for Solar Hot Water Production Systems in Residences 2023".

The Grant Scheme in question, which is implemented from today, Monday, August 7, 2023, by the Renewable Energy Sources (RES) and Energy Savings (EX.E) Fund, provides for a grant for the installation or replacement of integrated water heating systems (hot water cylinder and frames), whose equipment meets minimum technical criteria.

The sponsorship amount per application/residence is:

• General Category: €500
• Homes where vulnerable consumers of electricity live: €900
• Dwellings that fall into the mountainous areas: €900

In relation to the corresponding Sponsorship Plan that was implemented in 2022, the following changes have been made to the 2023 Sponsorship Plan:

• Significant budget increase from €950.000 to €2.000.000.
• An increase in the amount of sponsorship from €450 to €500 for the General Category, as well as an increase in the number of homes that will benefit from 1.800 to 3.000.
• Creation of a special category of vulnerable consumers with increased sponsorship.
• Modification of the implementation and application process:

– Reduction of paperwork for applicants, with a significant reduction in the supporting documents and information they will have to submit. The update for implementation of the investment and the technical data are sent by the installers.

– Handwritten certificates from installers are abolished. Participating installers will directly enter the details of each installation in the electronic system.

– Installations must be done by participating certified installers, from the “participating installer list” and the equipment to be installed must be included in the “eligible equipment list”, which is pre-approved and coded. In this way, applicants are facilitated during the implementation of the investment and the risk of rejection of an application due to ineligibility of equipment is limited.

– A "pre-approval request" is submitted by the potential beneficiaries before the implementation of the facility, a procedure that ensures for the applicant the possibility of a grant before the investment is made and for the implementing body a greater possibility of control.

Those interested can be informed about the Grant Scheme, but also submit pre-approval requests, through the website of the RES and EXE Fund.