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Date: 2011-09-16
Banks in Bulgaria give EUR 54 million for energy saving.
The REECL facility aims to give householders or Associations of Home Owners across Bulgaria an opportunity to realise the benefits of energy efficiency home improvements by providing them with loans and incentive grants through local participating banks.
Any householder or Association of Home Owners who takes a REECL loan is entitled to receive an incentive of 20%, 30% or 35% respectively toward the cost of the energy saving project once it has been completed at their residence, subject to terms and conditions.
Loans and grants are given for the following energy efficiency installations:
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Energy Efficient Windows
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Insulation of Walls, Roofs, and Floors
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Gas Boilers
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Biomass Fuelled Room Heaters, Stoves and Boiler Systems
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Solar Thermal Systems
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Cooling and Heating Heat Pump Systems
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Building-Integrated Photovoltaic Systems
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Heat-Exchanger Stations and Building Installations
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Gasification Installations
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Balanced Mechanical Ventilation with Heat Recovery
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