Continuation of the “Energy Efficiency at Household Buildings” Program

exoikonomisi kat oikonPRESS RELEASE:
Continuation of the “Energy Efficiency at Household Buildings” Athens, May 16, 2011

SUBJECT: Continuation of the "Energy Efficiency at Household Buildings" Program

Having noted the continued interest of the citizens in the participation in the “Energy Efficiency at Household Buildings” Program and the momentum created in the market,
it is announced that the candidates can continue to submit their applications.

Entry to the Program will be made based on the order of priority,
until the funds allocated by Region are exhausted.

Up to now, the number of applications to banks exceeds the 30,000,
out of which approximately 15,000 have received preliminary loan approval.

Moreover, after taking into considering the mapping of the energy needs of the
buildings from the inspections made to date and the economic situation,
the Program shall be amended as follows:

a) Eligible for the program are the buildings constructed until
31.12.1989 and are located in areas with a tax zone value of up to 2,100 €/sq.m.

b) It is possible to submit applications for individual apartments of
residential buildings without any preconditions.

c) The income categories of the beneficiaries from three become
two and the corresponding incentives are as follows:

Category A.
Owners of eligible housing, whose personal or family declared
income does not exceed 40,000 € or 60,000 €, respectively.
Incentives include 100% interest subsidy (interest free loan),
in combination with a housing subsidy in a height of 35%.

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