With the signing of the relevant Joint Ministerial Decision and the publication of the Programme Guide by the Ministry of Energy, the new and long-awaited Energy Saving at Home II programme, also known as Exoikonomo, comes into force.

The programme covers a wide range of actions to improve the energy performance of existing homes, with a subsidy rate that scales according to the beneficiary’s income and family situation.

During our participation in Infacoma 2018, we visited the Ministry’s stand at the exhibition and were informed about the launch of the Programme, which starts on 28/2/2018 and will remain open until the budget is exhausted, on a first-come, first-served basis.

A special feature of the new “Energy Saving at Home” (“Exoikonomo”) programme is that participation is no longer tied to bank lending, which gives flexibility and speed to implementation.
In particular, when submitting the application, the applicant can choose whether or not they want financing, and which bank they prefer. Any financing request is forwarded to the bank and examined without the applicant having to be present, while if it is rejected for any reason, the applicant may request financing from another bank or proceed without financing.

The maximum subsidy rate is up to 70%, with a maximum budget of €25,000.00.

The interventions that applicants can carry out fall into the following categories:

Replacement of window and door frames.
Installation of shading systems.
Thermal insulation of the building envelope, including the roof terrace / roof and the pilotis.
Upgrade of the heating system.
Upgrade of the domestic hot water system.

According to the Programme Guide, it is possible to cover the cost of materials as well, provided they are necessary for the targeted intervention.

Thus, replacing roof tiles is an eligible expense where necessary, together with the thermal insulation and waterproofing of the roof, up to €25/m² in total (labour, insulation and waterproofing materials, roof tiles) (p. 23 of the Programme Implementation Guide).

By the date applications open, further clarifications will have been announced, while qualified engineers are best placed to advise beneficiaries and help them prepare their application and manage their participation in the programme.

Download the Implementation Guide of the “Energy Saving at Home II” Programme (in Greek).