The Management Committee of the Fund for Renewable Energy Sources and Energy Saving announced on 09/06/2020 that it will accept applications under the subsidy program to encourage the use of renewable energy and energy savings for the year 2020.
The total budget of the program amounts to 7.5 million euros and is expected to cover about 4,500 applications. The program will remain in force until 12.12.2020 or until the available budget is exhausted, whichever comes first.
The program will cover the following categories:
CATEGORY 1: Thermal insulation of Existing Roofs
The category provides a 30% sponsorship on the eligible costs of each application, with a maximum sponsorship amount of € 1,500 per application.
CATEGORY 2: Thermal Insulation of Existing Residential Ceilings in combination with the installation of a photovoltaic system (PV) with the billing method - Net Metering
The category provides 35% sponsorship on eligible costs for roof thermal insulation with a maximum sponsorship of € 1,800 and funding of € 300 per installed kWp of PV with a maximum sponsorship of € 1,200. The maximum amount of sponsorship per application can be as high as € 3,000.
CATEGORY 3: Installation of photovoltaic system (PV) with the billing method of Net Metering in existing homes
For CATEGORIES 1,2 and 3A the Plan applies for installations that took place after 01/10/2019.
Eligible for CATEGORIES 1 and 2 are existing residences in which the application for a building permit or urban planning permit was submitted before 21/12/2007, while for CATEGORY 3 before 01/01/2017.
For more information regarding the available subsidies please contact us.