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Hellenic > Blog > Business > New “Save” amounting to 434 million euros and for tenants is announced within days
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New “Save” amounting to 434 million euros and for tenants is announced within days

Hellenic
Last updated: 2024/12/20 at 1:05 PM
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New "Save" amounting to 434 million euros and for tenants is announced within days
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What will it provide – Who will be the beneficiaries – The criteria

With an increased budget limit for energy saving interventions, a special provision for those affected by natural disasters, the disabled and those with many children, as well as the possibility of the inclusion of tenants, the new “Exikoonamo” is announced within days, which joined the Recovery Fund last week.

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What will it provide – Who will be the beneficiaries – The criteriaRelated Tags

The “Save 2025” Guide will be published within the next few days, in order to then open the program for the submission of applications by interested parties. According to information, the Guide, as it has been formed so far, provides, among other things, the following:

– In addition to the owners of the houses, tenants will also be able to join the program, as long as the remaining duration of the lease contract is at least 7 years. Market sources told APE that residential leases with such a long duration are few, if any. But this provision can be an incentive to sign long-term contracts with the addition of the energy upgrade to the agreement.

– The maximum eligible budget for energy upgrade interventions is set at 35,000 euros (from 24,750 euros in the previous program), an increase that reflects the rise in the cost of materials and labor.

– The income categories are limited to two, from five previously: The first includes those with an individual income of up to 5,000 euros and a family income of up to 10,000 euros a year, and in the second all the rest.

For the first income category, the percentage of investment support is 95% or 100% for those affected in Thessaly and those affected by the earthquake in Arkalochori.

For the second category, the aid rates are 80% for families with disabled members, victims of Thessaly and earthquake victims of Arkalochori, 65% for families with four or more children and 50% for the others.

More 114 million will be allocated to the special categories of beneficiaries, out of the 434 million, which is the total budget of the program

– The projects should be completed within 8 months from the date of issuance of subordination, instead of 12 provided by the previous program, a provision that also creates challenges in the market given the lack of labor in the construction industry.

– The eligible interventions remain: replacing frames, installing/upgrading thermal insulation, upgrading the heating/cooling system, domestic hot water system using Renewable Energy Sources, other energy saving interventions, such as the installation of a smart management system (smart home), which contributes in saving energy.

It is noted that the announcement of two more programs is imminent, for the installation of a solar water heater and for heat pumps.

Related Tags

I’m saving up

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Hellenic December 20, 2024 December 20, 2024
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