Everything you need to know about the new “Upgrading my home” programme
Main aspects; conditions for enrolment; works eligible for subsidizing; and solutions offered by BIOCLIMA® external thermal insulation systems, in terms of energy upgrade of your residences.
“Upgrading my home” is a major initiative of the Hellenic Government, aiming at the energy upgrade of old homes. With the anticipated programme launch in January 2025, it offers subsidies and incentives for property owners, so that the latter enjoy an improvement of the energy efficiency of their residences.
Financing includes zero interest rate loans, a benefit that facilitates coverage of the cost of required energy improvement works, such as solar panel installation, heating & cooling systems upgrade, and insulation improvement.
In essence, beneficiaries can receive funding for works intended to improve the property’s energy rating, significantly reducing energy costs.
Conditions for participating in the programme
The programme is open to all main or secondary residence owners that wish to offer them an energy upgrade, as there are no prerequisites relating to owner income or age.
- Peak loan amount: 25,000 Euro.
- Repayment period: 3 - 7 years.
- Interest rate subsidy: 100% coverage at zero interest rate.
The “Upgrading my Home 2025” programme paves the way to a more energy efficient and sustainable residence, combining financial amenities with environmental benefits.
Works to be subsidized
The programme covers a series of interventions aimed at residential energy upgrade. In particular:
- Thermal insulation of walls, floors and terraces.
- Replacement of fenestration
- Solar water heaters
- Heating & cooling systems
- Photovoltaic systems or Small wind power generators
- Green roofs
A significant programme benefit is that it does not require that residence is upgraded by two energy rating levels, allowing spot improvements.
Upgrade the energy efficiency of your residence with BIOCLIMA®
BIOCLIMA® by KRAFT Paints offers innovative solutions for those wishing to upgrade the energy efficiency of their residence, under the framework of the “Upgrading my Home” programme. Integrated external thermal insulation systems are offered, tailored to the Greek climate conditions; they are CE-marked and fully meet the requirements of the programme. ClimaWall® by BIOCLIMA® systems represent an ideal solution for old home renovations. Being flexible and customizable, they can be installed in any home, irrespective of age, location or other particular attributes.
These are Certified Advanced Energy Building Systems intended for installation on masonry, designed for the Hellenic environment, being rich in microclimates and a multitude of architectural traditions. External thermal insulation is essentially the first step towards a comprehensive renovation as well as a more habitable home.
The “Upgrading my Home” programme represents a remarkable opportunity for energy upgrade of residences in Greece. Through the appropriate selection of materials and systems, such as integrated external thermal insulation systems ClimaWall® by BIOCLIMA®, individuals may benefit from a significant reduction of energy cost, at the same time improving sustainability and comfort of their homes.