THE “SAVE 2023” HOME ENERGY UPGRADING PROGRAM!

A) To exist legally, i.e. with a legal permit or settlement

B) To not have been deemed to be demolished

C) ​​To be actually used as a main residence, either by the owner, or by its tenant, or with a free concession. The reference year for this condition is the year 2021 and after 2020 and 2019.

D) Based on the A΄PEA (energy efficiency certificate) to be in energy Category C and below.

2) Potential beneficiaries of the program

 They are all those who have a right in rem (full ownership/ usufruct/ fee) in an eligible residence. In the event that the main use of the residence concerns another person, in order for the potential beneficiary to have the right to participate in the program, he must have a real right of full ownership or usufruct (not a small ownership). If the residence has been acquired after 31/12/2021 (recent acquisition) then a written commitment for its main use will be requested.

In addition, the potential beneficiary will must meet the income criteria listed in table 2.2.1 of the Program Guide.

3) Subsidy rate

For owner-occupied homes:The percentage of the subsidy depends on the income criteria of the beneficiary for the year 2021 and is referred to in Table 2.2.2 of the Guide. The grant rate ranges from 40%-75%.

For leased or freehold main residences: The grant rate ranges from 40% -65%.

The rest of the money not covered by the grant can come from equity or a bank loan.

4) Energy requirements of the program

After the issuance of the 1st Energy Performance Certificate (PEA ) which will be accompanied by an intervention proposal form, an increase of 3 energy categories must be achieved for applications for eligible homes (and mandatory at least Category B when it comes to radical renovation) so as to ensure primary energy savings of more than 30%.

5) Eligible interventions

Are interventions in frames/systems shading/ventilation, thermal insulation, heating/cooling systems, DHW systems and other interventions and are described in Table 4.4.1 of the Guide.

6) Selectable budget of interventions

The maximum eligible intervention budget per Beneficiary application cannot exceed:

A) the product of €1.10 on the total estimated annual primary energy savings (kWh) as derived from the 1st Energy Performance Certificate (the restriction in question will be re-checked upon submission of the 2nd Energy Performance Certificate Performance, based on the achieved annual savings of primary energy kWh),

B) The product of €220 on the surface of main rooms (as it appears from form E9 ).

C) ​​€22,500

D) The above prices include VAT materials and works (24%).

7)Eligible Budget for other expenses

In the above budget are included the fees of the Engineers for the issuance of the two Energy Certificates, for the possible issuance of permits for the implementation of the interventions, for the compilation of the electronic identity of the building/independent divided property (submitted to eligible applications in principle) and the fee of the project consultant.

The program subsidizes 100% of the cost as long as the application is included in the program. The above amounts include VAT.

8) Electronic application submission – Deadlines

Funding applications are only submitted electronically by the candidates and necessarily through the information system of the Program’s official web portal. The possibility of submitting applications online is from 12/6/2023-15/9/2023.

9) Criteria and quota for the prioritization and formation of ranking order of the applications.

The criteria are the opened cost of energy savings (50% weighting factor), the degree days (7% weighting factor) or existing energy category (weighting factor 5%), the age of the residence (weighting factor 3%), income (weighting factor 14%) and various social criteria such as the disabled, large children, single-parent families with a weighting factor of 7% each.

The criteria are described in table 5.6.1 of the Guide.

10) Project implementation deadline

align: justify?”>11) General remarks

1) In E1, E2 and E9 of the potentially beneficial owners should be written correct electricity supply number.

2) Homes intended for short-term rental are not eligible for the program.

Read the full Program Guide here

 I SAVE 2023