The subsidies and eligibility criteria for businesses interested to file for the "Execonomo" scheme
The subsidies and eligibility criteria for businesses interested to file for the "Execonomo" scheme
  Economy

The subsidies and eligibility criteria for businesses interested to file for the "Execonomo" scheme

The program has a total of c. €200 million available and is expected to be announced by the end of the year.
RE+D magazine
07.10.2022

Investments for the energy upgrade of existing buildings and equipment of small and medium-sized businesses incorporatingthe trade, services and tourism sectors are part of the €200 million "Execonomo" scheme which is expected to be announced by the end of the year.


Σύμφωνα με το προσχέδιο του Οδηγού του προγράμματος, η εξοικονόμηση αναμένεται να προκύψει από:


α) την ενεργειακή αναβάθμιση της κτιριακής υποδομής με παρεμβάσεις στο κτιριακό κέλυφος, αναβάθμιση εσωτερικών ηλεκτρικών εγκαταστάσεων, αναβάθμιση συστημάτων ψύξης/θέρμανσης, αναβάθμιση ή και ένταξη νέων υλικών και εξοπλισμού για τη μείωση των απωλειών ενέργειας, αναβάθμιση εξοπλισμού φωτισμού, κλπ, και

β) την εγκατάσταση και πιστοποίηση συστημάτων διαχείρισης ενέργειας και διατάξεων αυτοματισμού.

Για τους κλάδους Εμπορίου και Υπηρεσιών ενισχύονται έργα συνολικού προϋπολογισμού ύψους επένδυσης έως 100.000 Euro, ενώ για τον κλάδο του Τουρισμού τα όρια προϋπολογισμού ύψους επένδυσης είναι από 50.000 Euro έως και 500.000 Euro. Η διάρκεια υλοποίησης κάθε πρότασης, δεν μπορεί να υπερβαίνει τους 18 μήνες από την ημερομηνία έκδοσης της απόφασης ένταξης της πρότασης.

According to the draft Program Guide, the sustainability and assets' efficiency are expected to result from:

a) the energy upgrade of the building infrastructure with interventions in the building shell, upgrade of internal electrical installations, upgrade of cooling/heating systems, upgrade or integration of new materials and equipment to reduce energy losses, upgrade of lighting equipment, etc., and

b) the installation and certification of energy management systems and automation devices.

For the Trade and Services sectors, projects with a total investment budget of up to 100,000 Euros are supported, while for the Tourism sector, the investment budget limits are from 50,000 Euros to 500,000 Euros. The duration of the implementation of each proposal cannot exceed 18 months from the date of issuance of the decision to include the proposal.

Eligible interventions are comprised as follows,

  • interventions to upgrade the energy of the building shell such as thermal insulation of opaque structural elements, replacement of transparent structural elements, installation of shading systems,
  • interventions to upgrade the energy of the lighting system, both internal and external, such as replacement of light fixtures with new LED technology, installation of automations for coupling artificial with natural lighting, installation of automations to reduce consumption due to the absence / presence of users,
  • energy saving interventions in space heating systems such as replacing boilers with heat pumps, strengthening the thermal insulation of distribution networks, replacing terminal units with new, more energy efficient ones,
  • energy saving interventions in space cooling systems such as replacing coolers with newer technology heat pumps or coolers, strengthening the thermal insulation of distribution networks, replacing terminal units with new more energy efficient ones,
  • energy saving interventions in space ventilation systems such as replacement of K.K.M. of newer technology that have the recovery of the energy of the discharged air, reinforcement of thermal insulation of distribution networks, replacement of fan units with new more energy efficient ones controlled by electronic devices (inverters),
  • energy saving interventions in domestic hot water systems such as replacing boilers with heat pumps, strengthening the thermal insulation of distribution networks, replacing storage units with new more energy efficient ones,
  •  installations of renewable energy systems, such as solar thermal systems, photovoltaic systems, energy storage systems, small wind turbines and geothermal A/T including geo-exchangers,
  • installation of automation, control and management system at local but centralized level
  • power quality improvement systems

The investments that will be made must secure a reduction of emitted pollutants (CO2) by at least 35%, a saving of primary energy by at least 35% and an upgrade of the energy category based on PEA by at least three energy classes in relation to the existing classification.