Calculate Savings

Cyprus Solar Savings Calculator

Calculate Your Solar Savings

Adjust the sliders below to see how much you could save with solar panels in Cyprus

Your Monthly Electricity Bill €150

€50/month €500/month

Average Cyprus household: €100-200/month

Solar System Size 5 kW

3 kW (Small) 15 kW (Large)

Typical home: 4-6 kW | Large home: 8-12 kW

Government Subsidy Category

Select your household category for 2024-25 scheme

Installation Cost

€6,000

€4,200 after subsidy

Energy Production

7,650 kWh

~638 kWh per month

Your Savings

€1,683

€140 per month

Payback Period

2.7 years

Time to break even

                      
                      Total Lifetime Profit
                    
€51,375
Net savings over 25 years

Environmental Impact

Over 25 years, your solar system will offset approximately 133.9 tons of CO₂, equivalent to planting 6,695 trees or taking 29 cars off the road for a year.

Important: These calculations are estimates based on typical Cyprus conditions (average solar irradiance ~1,800 kWh/m²/year, and household electricity prices around €0.30-€0.33/kWh in late 2024). Actual savings may vary depending on your location, roof orientation, shading, energy usage patterns, and future electricity prices. Government grant support for residential PV is currently provided via fixed-amount subsidies (e.g., €375/kW up to €1,500 for general households under the 2024-25 scheme). Policy and subsidy frameworks are evolving, so please consult a certified solar installer for a personalised assessment and current incentives.