Income upper limit for ‘Saving at Home’ subsidy program raised to €80,000

An existing household income upper limit of 50,000 euros needed for qualification into the “Saving at Home” program, offering subsidies to property owners for domestic energy efficiency upgrades, will be increased to 80,000 euros for the program’s imminent next offering.

Energy minister Giorgos Stathakis is expected to announce the subsidy program’s revised terms, widening the pool of eligible parties, during the day.

The latest “Saving at Home” program, offering subsidies or interest-free loans for energy efficiency upgrades, is expected to be launched on July 12.

The new package is believed to be worth a total of 270 million euros. Applicants will be able to receive as much as 25,000 euros for their energy efficiency upgrades.

The “Saving at Home” program offers financial support for window and window pane replacements; installations or upgrades of external wall insulation systems; heating and cooling system upgrades; as well as RES-based water heating.