The program facilitates access to financing for individuals aiming to upgrade the energy efficiency of their primary or secondary residence, provided that the property is not rented out. The management of the program is undertaken by the Hellenic Development Bank, which collaborates with commercial banks to provide the relevant loans.
This program does not have the restrictions of the "Exoikonomo" program, which requires energy upgrades that result in at least three levels of improvement.
Eligibility to participate in the program is granted per Tax Identification Number (TIN) of the final beneficiary and pertains to only one property.
Deadlines and Lending Terms:
- The loans are interest-free, require no collateral, there is no 0.12% contribution fee, and no folder fees are requested by the banks. There is the possibility of an advance of up to 70% of the requested amount.
- The repayment period ranges from 3 to 7 years, without a grace period.
- The final date for joining the program is December 31, 2025.
- Loan agreement signing: Until June 30, 2026.
- The interventions must be completed within 18 months of signing the loan agreement.
- Issuance of tax receipts: After the date of joining the program.
Eligible Expenses Covered by the Program:
The eligible expenses include, among others:
- Thermal insulation (internal/external).
- Installation of a green roof.
- Replacement of frames and glass panes with energy-efficient systems.
- Installation of a solar water heater.
- Installation of permanent external shading systems.
- Replacement or installation of heating and cooling systems using renewable energy sources (systems powered by fossil fuels are not eligible).
- Installation of thermostat control systems.
- Installation of energy storage systems (batteries) from renewable energy sources.
- Installation of photovoltaic stations, small wind turbines, and other renewable energy sources.
- Coverage of installation costs and technical support.
