More good news regarding the subventions on renewable solutions

October 27, 2008 at 12:09 pm | Posted in General, Legislative Outreach | Leave a comment
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The Minister of Environment and Sustainable Development made an initial presentation about the subventions that the state will provide to individuals for installing renewable solutions. Briefly Summarized:

  • the whole program is named “Casa Verde” (Green Homes) and the initial budget will be 520 Million RON out of which 400 Million RON is directed to individuals.
  • the financing is 90% of the cost of the project but it can not be more than 25.000 RON
  • the procedure for obtaining the money by individuals seems very simple – the beneficiary should forward a folder that includes very simple to obtain/prepare documents ( ID, property documents and a declaration of his/her willingness to accept the project) to an authorized installer that should accept and validate the project
  • the money will not be directly received by the beneficiary (physical persons) but will be reimbursed to the authorized installer after the project is implemented
  • the list with authorized installers should be available to the public by 20th of December – on the websites of the Authority for Environment Fund and the Ministry of Environment and Sustainable Development
  • the physical persons should be able to receive the subventions starting with the 5th of January 2009
  • the “Green Homes” program is an annual one and it will be developed each year between 5th of January – 5th of December

The program is also available for companies but there the procedure is different (no information yet) and the financing should be around 60% of the cost of the project and not more than 300.000 RON.

In order to find additional information such as…

– what are the criteria for having a project accepted and validated by the authorized installer

– what is the procedure for companies to receive funding

– what is the accepted duration of a project a.s.o

…we will have to wait for the financing guide to be released. We’ll keep you updated of course.

The whole speech of the Minister can be viewed here.


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