What is the Home Saving Program?

It is a co-funded Program that provides incentives for citizens to improve the energy efficiency of their home, saving money and energy and increasing their value.

Which homes can be funded?

Eligible residences are the total of single-family houses, apartment buildings and individual flats (without any additional conditions) that satisfy the following criteria:

  • They are located in areas with a cost price lower than or equal to 2,100 € / sq. M.
  • They have been classified under the Energy Efficiency Certificate (EEP) in a category less than or equal to Δ.

There is no limitation on the number of properties per citizen, while in apartment blocks those of the owners who do not wish to join the program may participate in own equity. Also, included are vacant apartments that have been inhabited within the last three years.

Πρόγραμμα εξοικονόμησης κατ οίκον

Who can join the program – With what incentives?

CATEGORY OF BENEFITS A1 A2 B
Individual Income S.A ≤12.000€ 12.000€ 40.000€
Family Income Ο.Ε. ≤ 20.000€ 20.000€ 60.000€
Motivation 70% Subsidy30% Interest Loan (interest subsidy 100% until 31.12.2015) 35% Grant65% Interest Loan (interest subsidy 100% until 31.12.2015) 15% Grant 85% Interest Loan (interest subsidy 100%

It is possible to take a 4/5 / 6year loan, with or without a guarantor, without an imprinting of a property, possibility of immediate repayment of the loan without charges, as well as payment of the suppliers / contractors through the bank without the involvement of the citizen. An advance payment of 40% of the application budget is made subject to the program.

Energy audits (pre- and post-interventions), the cost of which is 100% covered by the Program after the successful implementation of the project, are required to join the Program.
Additionally, costs for consultant fees are covered up to € 250 without VAT.

Who can join the program – With what incentives?

CATEGORY OF BENEFITS A1
Individual Income S.A. ≤12.000€
Family Income Ο.Ε. ≤ 20.000€
Motivation 70% Subsidy
30% Interest Loan (interest subsidy 100% until 31.12.2015)
CATEGORY OF BENEFITS A2
Individual Income 12.000€
Family Income 20.000€
Motivation 35% Grant
65% Interest Loan (interest subsidy 100% until 31.12.2015)
CATEGORY OF BENEFITS B
Individual Income 40.000€
Family Income 60.000€
Motivation 15% Grant
85% Interest Loan (interest subsidy 100%

It is possible to take a 4/5 / 6year loan, with or without a guarantor, without an imprinting of a property, possibility of immediate repayment of the loan without charges, as well as payment of the suppliers / contractors through the bank without the involvement of the citizen. An advance payment of 40% of the application budget is made subject to the program.

Energy audits (pre- and post-interventions), the cost of which is 100% covered by the Program after the successful implementation of the project, are required to join the Program.
Additionally, costs for consultant fees are covered up to € 250 without VAT.

What work can I fund?

The savings achieved by program interventions must correspond to upgrading an energy category or to 30% of the reference building’s energy consumption.
Eligible interventions are:

  1. Installation of thermal insulation in the building shell including the roof / roof and the pilot (including additional work such as demolition and removal, roof interventions such as tile replacement, etc.).
  2. Replacement of frames and installation of shading systems (including building exterior, staircase enclosures, shutters, shutters, awnings, etc.).
  3. Upgrading of the heating and hot water supply system (including boiler and distribution system replacement, solar water heater, control and heating autonomy etc.).

Implementation of the interventions does not require authorization, or even approval of small-scale construction works, except in very specific cases. The maximum eligible budget for interventions, including VAT. (which is an eligible cost for the Program) may not exceed € 15,000 per property.

B.C. a citizen with a family income of € 35,000 for a budget of € 10,000, takes out a 5 year loan in June 2012 of € 6,500 and receives the remaining € 3,500 grant. The installment of his loan is about 110 €, while the interest to be paid for the period 1/1/2016 -1/7/2017 is about 80 €. In addition, he is covered by the costs he pays for the energy audit and is paid by his project consultant.

Steps to participate in the Program

  1. Pre-approval of loan (branch bank) – first energy inspection.
  2. Submission of application and supporting documents.
  3. Submission of interested party request – signature of loan agreement – disbursement of advance.
  4. Implementation of Interventions – Second Energy Review.
  5. Supply of supporting documents – disbursement of other loan and grant.

Program integration is a continuous process up to the depletion of resources per region.