“Exoikonomo” Program

"Exoikonomo 2025" Program

“Exoikonomo 2025” is a program launched by the Ministry of Environment and Energy, whose aim is to realize energy upgrades of residences, with targeted primary energy savings in excess of 30% per residence. It is addressed to all Greek households, without income restrictions or specific geographical criteria. In fact, the program provides for extra incentives for poorer households, so that these can sign up for the program as well.
Applications have started on January 8 and will become admitted thru Thursday March 20, 2025. Only one (1) application may be submitted for each individual (i.e. for each applicant’s Tax Identification Number). It should be noted that residences having pending applications to any of the earlier energy upgrade programs i.e. "Exoikonomisi Kat' Oikon I & II," "Exoikonomo-Autonomo", “Exoikonomo 2021”, “Exoikonomo 2023”, “Exoikonomo - Rennovate for Youth”, are NOT entitled to apply for participation to the current program. Excluded are participating apartments under an application of “Type B” block of apartments, under the program titled “Exoikonomo -Autonomo”. These are entitled for filing applications in the current program as individual apartments. In any other case, applications will be declined.

Expanded Participation

The program applies to homeowners as well as leaseholders. In particular, eligible for participation are individuals having beneficial rights (full ownership or usufruct or bare ownership) on eligible residences, or tenants (leaseholders) leasing eligible residences under a lease contract, whose remaining term of lease is at least seven (7) years at the time of filing their application to the program.
In case of multiple holders of beneficial rights (landowners - joint proprietors) in eligible residences: If the main use of the residence being the subject of application is by any of the joint proprietors, only the joint proprietor residing at this house is eligible for participation. If the main use of the residence being the subject of application is by third party which is not a joint proprietor (cases of lease or concession at no charge), any of the joint proprietors having beneficial rights of full ownership or usufruct, is eligible for participation to the Program (those with bare ownership are not eligible). Caution: Consent by all real property joint owners is necessary for application filing. 

Increased Intervention Budget

The subsidy percentile rate granted to beneficiaries is subject to their income class as well as their inclusion under any of the special beneficiary classes, as applicable. There are two income classes, as dictated by the personal as well as the family income:
Personal income: ≤ € 5.000 / Family income: ≤ € 10.000
Personal income: > € 5.000 / Family income: > 10.000 €
Income incorporates total income declared, exempt and individually taxed revenues as well as the Added Difference of Objective Expenses for all the members of the applicant’s family.
The special categories of beneficiaries include the victims of the natural disasters of Thessaly and the victims of the Arkalohori and Samos earthquakes; families with handicapped person(s) and families with three dependent minors. Those not falling under any of the above mentioned categories are classified as “Miscellaneous Beneficiaries”. In light of the above and starting from a base subsidy rate of 50% for the Miscellaneous Beneficiaries general class, subsidy increases to 65% for families with three minors and can even reach 100% for the above mentioned victims.  

Eligible Interventions

Thermal insulation / thermally insulated facade installation or upgrade; replacement of fenestration; heating / cooling system upgrade; installation of domestic hot water system using renewable energy sources (RES); and other energy saving interventions such as the installation of smart home management system, and installation of energy storage system (batteries).
The cost of each intervention is inclusive of materials, VAT as well as labor cost. Labor cost includes eventual social insurance contributions (ΙΚΑ) for building works performed by laborers (non-covered trades); these are carried by the Program’s beneficiary, the latter being the “Project owner”, where such costs are eligible according to the program. In addition to energy interventions, the program also covers the cost of supplementary expenses that may be required; in particular, these are the 4 expense types mentioned below:
The cost of performance of two energy audits and the compilation of the Intervention Proposal and Intervention Recording forms (to be submitted online).
The fee for drawing up the Electronic Identity document for the Building / Separate Property.
The project advisor fee (engaged for application submittal and overall management of thereof, including the submittal of supporting documents up to the final disbursement).
The fee for issuing permits / approvals / statement according to article 30 Law 4495/2017 or for the drafting of engineering designs (under the scope of permit / approval issuance) as necessary according to the standing legislation for the implementation of interventions (for instance, fee for the approval of small-scale construction works).

Supporting Documentation for Exoikonomo Programs

Regarding the documentation for the program, we list below the documents required for the previous EXOIKONOMO program, which are expected to remain unchanged:

• Building Permit and / or other similar / additional legalizing document.
• Certificate of building address by the concerned Municipal Authority, in case the address is not identical to the supplied supporting documents.
• Energy Performance Certificate (1st EPC).
• A statement of compliance to the De Minimis code, is required for cases of rentals or concessions at no charge.
• In case of application submittal by lessees, the respective Lease Agreement is necessary.
• The following should be submitted for real properties obtained after 31.12.2023: property titles; certificate of transfer by the competent Mortgage Registry, or certificate of filing in the cadastral records of the local Cadastral Authority Office; in addition, Solemn Statement acc. to Law 1599/1986 by the applicant, confirming that the real property will be used as main residence.
• Families whose members include handicapped person(s), should submit the “Notice of Disability Status Result” issued by the Disability Status Certification Centre, or any applicable document by a health board that certifies / opines on the disability status, or other competent authority, as the case may be. Whereas families with three (3) dependent minors, should submit a Certificate of Family Status issued within the latest month. Lastly, additional supporting documents are required for foreign residents according to tax status.

Why choose BIOCLIMA®

BIOCLIMA®, backed by the KRAFT Paints assurance, has developed two integrated groups of exterior thermal insulation systems, especially for the “EXOIKONOMO 2025” program. These are adapted to the Greek climate conditions; they are CE-marked and fully meet the requirements of the program.

Designed especially for the Greek Climate Conditions

The system allows comprehensive building coverage that includes energy upgrade, protection against weather effects and profound aesthetic upgrading!

All individual products constituting the BIOCLIMA® Systems are customized to the particularites of the Greek territory. These are the following, among others:

• Rich natural geographical diversity
• Intense temperature and humidity variation
• Expanded coastal areas where buildings are situated
• Frequent earthquake activity

Moreover, they participate in existing building energy upgrade programs, under a financial subsidy regime (e.g. “EXOIKONOMO 2023” by the Minister of Environment, Energy and Climate Change), thus providing energy consumption savings up to 65% inclusive.

1. ClimaWall® exterior thermal insulation systems based on all common handling materials for application to vertical surfaces (exterior walls) and pilotis.
2. ClimaRoof® thermal and water insulation systems (the fruit of collaboration between 2 industry leaders: KRAFT Paints& FIBRAN) based on thermal insulating materials of premium insulating value (extruded polystyrene) as well as innovative cement based sealing and adhesive materials for application on horizontal surfaces (roofs, terraces).

Exoikonomo Program 2025 FAQ

Are there top limits for each intervention and for each project’s total budget?

No, there are no top limits with respect to cost estimation of eligible interventions. The interventions proposal may incorporate, by way of example, amounts and quantities for each intervention based on quotations; however, the total eligible intervention cost may not exceed the top eligible budget resulting from the product of 1,20 € by the overall estimated annual primary energy saving (kWh), as computed in the 1st Energy Performance Certificate, and the amount of € 35.000. For instance, for a single home with 100 sq.m area and estimated annual primary energy saving equal to 300kWh per square meter, maximum eligible budget may not exceed the following formula: 1,20 x 300kWh  x 100 sq.m. = €36.000, nor the above defined top limit of €35.000. Hence, the energy auditor may submit a budget set up to € 35.000 or lower, depending on individual needs.

Which are the eligible types of real properties?
These are the following two types: Single home and individual apartments that have been finished and have been already connected to mains power. Unfinished structures and apartment blocks are not eligible for the program. A note of warning: In order for a residence to be considered as eligible, it should meet all the following general conditions: Existing in a legitimate way; not be declared due for demolition; used as main residence; classified according to the 1st Energy Performance Certificate (1st EPC) to an energy class lower or equal to C. This means that real properties are not eligible if classified under classes B or A of the 1st EPC. Furthermore, recreational or secondary residences are also not eligible. Each eligible residence should be upgraded by at least 3 energy classes from the classification specified according to the 1st EPC. Example: For a “Ζ” initial classification, works should result in upgrading the residence at least to class “C”. In case of building deep renovation, the minimum class should be “Β”. 

Conditions for filing an online application to the Program

Firstly, applications are only admissible via the TAXISnet system; hence, interested individuals should have enrolled for the TAXISnet and have their individual login credentials.
In case the property has pending issues regarding legalization / normalization, before filing an application at the Program, owners should submit a declaration of inclusion under a law of settlement of arbitrary (unauthorized) structures.
Moreover, beneficiaries should have completed the submittal and clearance of tax declaration for the 2023 tax year.
In case there are multiple holders of beneficial rights on the real property, the consent of joint owners should be secured, and the number of electric power registration should be correctly written on their real property declaration form (Ε9).
Lastly, if the real property was recently acquired (first time beneficial right on the real property was acquired after 31/12/2023), the relevant filing / amendment of property details on the E9 form should take precedence; after that, candidates may proceed with their application.

Can you process the submittal of applications to the program?

KRAFT Paints & BIOCLIMA® CANNOT process the submittal of the application to the program for you. For this service, you may refer to qualified engineers and Energy Auditors.

Is it necessary to take out a loan to participate in the Program?

No, it is not necessary. The remaining amount after the subsidy, depending on the income criteria, can be covered by the beneficiary's own funds.

Which should be the first steps of candidates planning to participate to the program?
Individuals planning to participate to the program, should first confirm that their residences can be considered to be “eligible”. Then they should refer to an energy auditor and assign the issuance of the 1st EPC as well as the completion of the Intervention Proposal Form (to be submitted online). Having obtained all the necessary supporting documents, applicants should submit their application on-line, in consultation with the Energy Auditor having issued the EPC, to the information system of the official Program Portal https://exoikonomo2025.gov.gr/.
The energy class will be generated through the energy audit and will be indicated on the Energy Performance Certificate to be issued by the Energy Auditor. Nevertheless, as a rule, residences presenting inadequate thermal insulation as well as homes constructed in the 1980s or older, are particularly inefficient in terms of energy consumption and, unless a deep renovation is implemented, the probably belong to Class C or even lower; therefore, the meet the participation conditions.

Thermal insulation is also eligible in the Program for terraces or pilotis, when applications are filed as “individual apartments”?
Yes. Terrace thermal insulation is eligible to applications referring to top floor apartments and, also, applications referring to pilotis thermal insulation when relating to first floor apartments and subject to consent by joint proprietors, according to the provisions of the Regulation of the apartment block. Technically-wise, a proper solution would be to fit insulation to the whole of the terrace or the pilotis; however, according to the terms of implementation of the financed programs, expenses eligible for the program are only those that apply to each individual real property. In the particular case, only families that pertain to the eligible “individual” apartment may take part. It is important to stress that “thermal insulation coatings” are not eligible for the Program as these materials are classified under coatings, not under insulating materials. Only eligible is thermal insulation composed of cladded thermal insulation material or synthetic coating, or low-weight screens. Also, eligible are thermal insulation interventions applied on roofs, above basements (on floors of ground-floor residences).

Learn more here!