19 Annual Report 2021 • Differentiation of the Grant Scheme for the installation of photovoltaic systems by household consumers, including the virtual net-metering category, for consumers that are unable, due to technical constraints and/or limited space, to install photovoltaic systems on the rooftops of their buildings. This will allow both household consumers and agricultural holdings/activities to install photovoltaic systems on rooftops of other buildings or on the ground, whose electricity production will be offset against the consumption of that particular household. • The existing Scheme to encourage the use of renewable energy sources and energy savings in residences (for ceiling insulations, installation of photovoltaics or a combination of both), which expired on 20 December 2021, will be re-announced immediately following the approval of the budget of the RES and Energy Conservation Fund and will have a retroactive effect. • Immediate preparation of a Grant Scheme which will provide vulnerable consumers with a subsidy for the replacement of energy-intensive appliances with new, energy efficient products, in particular, air conditioners and refrigerators. In addition, vulnerable household consumers will be subsidized for replacing old type bulbs with LED bulbs. • Announcement of a special Support Scheme, in collaboration with the Ministries of Energy and Agriculture, Rural Development and Environment, for the use of RES in the agricultural sector. The main objective of the Scheme is to reduce the cost of pumping irrigation water. The Scheme will be announced in 2022. • Announcement of Grant Scheme and tender for new commercial RES systems and for energy storage, which can help reduce the price of electricity due to the lower operating cost of electricity generation than the corresponding production with conventional fuels. The Scheme is scheduled to be launched in 2022, subject to approval by the European Union. • Conduct an energy efficiency awareness campaign.
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