The energy upgrade of real estate throughout Greece is enhanced with the 3 new programs Save που they will open in the fall of 2024. These new programs will offer significant opportunities for renters and owners to energy upgrade their homes, improving their efficiency and sustainability. Let's see in detail what they include and what features they provide.
The 3 New Saving Programs 2024:
"Saving for Vulnerable Households"
The first of the new programs "Excoionamo" focuses on supporting vulnerable households that find it difficult to participate in energy upgrading programs due to financial constraints. The aim is to enable these households to improve the energy efficiency of their homes, while reducing their energy costs.
What the program offers:
- Budget: The program is financed with 30 million euros from the Recovery and Resilience Fund.
- Subsidy rates: The subsidy can cover up to 95% of the cost of the interventions, with a maximum amount of 10.000 euros per beneficiary.
- Beneficiaries: Approximately 5.000 households with low incomes, who own a single-family house or apartment and wish to upgrade their energy efficiency, are expected to benefit.
What interventions does it cover:
- Installation of thermal insulation materials.
- Change of frames.
- Installation of energy efficient heating and cooling systems.
The submission of applications will be done through a fast process, "First In, First Out", where the order of priority is determined by the date and time of final submission of the application.
"Save for Heat Pumps"
The second program "Excoionamo" focuses exclusively on the installation of heat pumps, which are an efficient and sustainable solution for heating and cooling homes. The goal of the program is to increase the penetration of heat pumps in households, from 7% to 17%, thus contributing to energy savings and environmental protection.
What the program offers:
- Subsidies: The subsidy rate ranges from 50% to 60% of the cost of the heat pump, depending on the climate zone of the area.
- Beneficiaries: There are no income criteria for participating in the program, making it available to all households.
Adaptation with the degree-day system: The subsidy will be adjusted based on the degree-day system, which calculates the number of days when the temperature is below a certain comfort threshold. For example, areas with a greater need for heating, such as Drama, will be provided with a higher subsidy rate than areas such as Agios Nikolaos in Crete.
What interventions does it cover:
- Installation of air-to-water heat pumps or geothermal heat pumps.
- Connection to existing heating systems for maximum efficiency.
"Save 2024 for Wider Interventions"
The third program, known as the "big Save 2024", will be announced at the end of the year and will include wider energy upgrading interventions for around 45.000 households across the country. This program will continue the work of the previous "Excoionamo" programs with the aim of making buildings more functional and energy efficient.
What the program offers:
- Budget: 700 million euros from the NSRF and an additional 170 million euros from the Recovery Fund.
- Subsidy rates: Subsidy rates will be adjusted based on the degree-day system, with larger subsidies for areas with increased heating needs.
- Special Provisions: Increased subsidies are foreseen for large families and people with disabilities, without income limits.
What interventions does it cover:
- Upgrading thermal insulation of walls, roof and floors.
- Change of frames with new generation energy efficient windows and doors.
- Installation of heat pumps and photovoltaic systems with the possibility of energy storage.
The "Save 2024" program will follow European Union directives, according to which all new buildings should have zero carbon emissions from 2030. This makes it necessary to make wider use of renewable energy technologies, such as photovoltaic systems and heat pumps.
Conclusions: How New Savings Programs Can Transform Greek Buildings
The three new "Excoyonamo" programs of 2024 offer unique opportunities for the energy upgrade of properties in Greece, contributing to the reduction of energy consumption and the protection of the environment. Whether you are a home owner, a tenant, or belong to a vulnerable social group, these programs offer you solutions and financing that can cover a significant part of the cost of energy interventions.
Be sure to find out and submit your application once the programs open in the fall of 2024. Energy upgrading your home is not only an investment that reduces energy costs, but also an important step towards a sustainable and "green" everyday life.
Discover the Other Energy Upgrade Programs
In addition to the three new programs "Excoionamo 2024", there are other specialized programs that can help with energy upgrading and improving the energy efficiency of homes:
- Recycle – Change Water Heater: A program that subsidizes the replacement of old electric water heaters with new technology solar water heaters, offering significant energy saving and recycling benefits. Learn more.
- Renovating – Renting: A program that subsidizes the renovation of properties with the aim of energy upgrading and promoting their rental, improving the quality of available homes. Learn more .
- I am upgrading my Home: Program that offers funding for the overall upgrade of homes, covering interventions such as insulation, upgrading heating and cooling systems and installing photovoltaic systems. Learn more.
- Save 2024 – The Big Save: The new, comprehensive program "Excoionamo 2024" provides subsidies for broad energy interventions in residences, covering approximately 45.000 households throughout Greece. See in detail the eligible interventions, subsidy rates and participation criteria. Learn more.
These programs are designed to meet various energy upgrading needs, giving citizens the opportunity to make their homes more functional, comfortable and energy efficient. Search for more information and choose the program that best meets your needs.
Contact
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