The Home Energy Efficiency II scheme provides substantial financial backing to help households lower energy consumption and modernize their residential properties. Managed by the National Fund for Entrepreneurship and Development (ETEAN), the initiative offers flexible financing options, including grants reaching up to 70% and interest-free loan options through participating banking institutions.
Understanding how the budget, income scaling, and eligible interventions work under the Home Energy Efficiency II framework is essential for getting your application approved smoothly.
1. Budget Limits and Loan Terms
The financial structure of the Home Energy Efficiency II initiative is designed to accommodate various building sizes while controlling maximum expenditure:
- Maximum Budget Cap: Up to €250 per square meter, with a total project limit of €25,000 per residence.
- Optional Loan Financing: Taking out a bank loan is completely optional. If chosen, the loan covers the remaining balance between the grant and the total project budget up to €25,000.
- 100% Interest Rate Subsidy: Loans come with a 4 to 6-year duration and a 100% interest subsidy, meaning zero interest costs for the applicant.
- Advance Payments: Applicants opting for borrowing can request an advance payment of up to 70% of the initial eligible intervention budget.
2. Income Categories and Subsidy Percentages
The Home Energy Efficiency II program divides applicants into distinct income brackets, scaling grant rates based on household revenue and dependent family members:
- Category 1 (Individual ≤€10k / Family ≤€20k): 60% base grant (+5% per dependent member, up to 70% max).
- Category 2 (Individual €10k-€15k / Family €20k-€25k): 50% base grant (+5% per dependent member, up to 70% max).
- Category 3 (Individual €15k-€20k / Family €25k-€30k): 40% base grant (+5% per dependent member, up to 70% max).
- Category 4 (Individual €20k-€25k / Family €30k-€35k): 35% base grant (+5% per dependent member, up to 50% max).
- Category 5 (Individual €25k-€30k / Family €35k-€40k): 30% base grant (+5% per dependent member, up to 50% max).
- Category 6 (Individual €30k-€35k / Family €40k-€45k): 20% base grant (+5% per dependent member, up to 50% max).
3. Eligible Building Upgrades and Interventions
Under the Home Energy Efficiency II program guide, funding covers key structural and mechanical upgrades that directly reduce building energy losses according to European Building Guidelines:
- Window & Frame Replacement: Upgrading door and window frames and installing exterior shading systems.
- Thermal Insulation: Applying thermal insulation to the building envelope, including roofs, pilots, and external walls.
- HVAC Upgrades: Modernizing space heating systems, installing heat pumps, and setting up efficient domestic hot water production systems.
Key Differences from Previous Schemes
Compared to earlier program iterations, Home Energy Efficiency II introduces higher funding limits (increased from €15,000 to €25,000) and expands income brackets from 3 to 7 tiers. Crucially, taking a bank loan is no longer mandatory, removing a major hurdle for homeowners with available savings.
Execute Your Upgrade with Ikon Constructions
Participating in the Home Energy Efficiency II initiative is one of the most cost-effective ways to increase your property’s value while permanently lowering winter heating and summer cooling costs.
At Ikon Constructions, our engineering team manages every phase of thermal insulation, frame replacement, and heat pump installation through our specialized personel.
Contact us today to prepare your home for maximum energy savings:
📧 Email: aoikonomoucon@gmail.com
📞 Phone: 2310840078 | 6972035019
