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In his presentation at the GreenTech – Green Energy and Sustainability fair and conference on the links between economic development and environmental protection, László Palkovics said that he would like to encourage the use of renewable energy sources not only with credit, but also with non-financial support. refundable.
Energy providers are expected to be encouraged to use energy more efficiently than consumers, for example by installing smart meters, which will be one of the largest projects to transform energy systems, the minister said. .
In the current EU cycle, an EU tender was launched last year to finance energy efficiency improvements for small and medium-sized enterprises, such as solar panels installed on the roof of an industrial building, with an aid intensity of up to 55%. One call financed investments of less than a few million and the other investments greater than tens of millions. However, for individuals such as single-family homes and condos, so far only purely credit-based funds have been available, although a minimum deductible of 10% was required and the loan obtained during investment could be repaid at 20% interest. in 20 years. easily produced.
One of the two public competitions is still open. The conditions of the two tenders were essentially the same, only they differed in terms of where they could be used geographically. One tender was for the central region (Budapest and Pest counties, (VEKOP-5.2.1-17), it sold out relatively quickly in October last year, and the other is for the rest of the country and is still open (GINOP- 8.4.1 / A-17), although it was cut recently because it was not so much “sold out”, so the money was reallocated to another tender, and there was no explosive interest in this tender for rural Hungary, despite several simplifications.on the one hand, the lower purchasing power of individuals / families and, on the other hand, the collateral requirements (lower real estate value, many poor Kádár checkered houses, for which a need would often have arisen investment of more than 5 million, the collateral requirements would allow, and for loans over 5 million, a mortgage was also placed on the house).
It is still unclear from László Palkovics’ announcement that the tender would begin at the expense of the remaining resources of the 2014-2020 cycle in a few weeks, or we have already heard the announcement of one of the first tenders of the 2021-2027 cycle in line with important EU climate protection targets.
More details coming soon.
Cover Image Source: Getty Images
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