Owners of photovoltaic panels can apply for financial aid to buy energy storage system to store all of their generated electricity in as from Monday August 31.
The Minister for Energy and Water Management Michael Farrugia announced this on Wednesday, as part of the plan stated in this year’s budget, which will take place as a result of a pilot project that has had €50,000 allocated to it.
The statement on the government’s website read that “This is a new scheme that will be helping the country in its advances in the use of renewable energy in a sustainable manner, as well as helping it move towards the European environmental objectives.”
During the announcement, Minister Farrugia said that this scheme is another step towards ensuring a more “secure, sustainable and affordable” method of renewable energy in Malta.
The statement added that the “aim of this scheme is to increase the storage of renewable energy in the domestic sector”.
As a result of this scheme, the Maltese population will be more inclined to shift to such renewable energy sources, thus abandoning the dependency on more harmful sources of energy.
This scheme will be open for those that already have a photovoltaic system installed according to the regulations in place by Enemalta, as it must be connected to the company’s energy grid.
Minister Farrugia concluded by saying that this is a move towards ensuring families “continue decreasing their electric bills”.
Energy services regulator Marjohn Abela stated that Enemalta will be accepting and processing applications from next Monday on the website www.rews.org.mt, which will be open for the public soon.
The Ministry also announced that if the demand for the scheme is high, it will be looking to reopen the scheme in 2021 to cater for more people.