Changes to the “Save” programs, how the subsidy for the heat pump will be structured

Changes to the “Save” programs, how the subsidy for the heat pump will be structured

New changes are coming to the next Save programs. On the one hand, before proceeding with the new announcements, it is examined which supporting documents will be requested from the interested parties with a view to simplifying the process.

And on the other hand, the possibility of delegating the management of the programs (gathering and submission of supporting documents, certifications, implementation of the interventions) to companies or consortia outside the State has been put on the table.

It is therefore not excluded that the new philosophy that the competent Ministry of Energy and Environment is trying to adopt will find its application in Execoonmo for subsidizing the purchase of heat pumps.

How much will the heat pump subsidy go to?

The new Save will cover any kind of energy intervention, but will focus on the heat pump, with the percentage of the subsidy expected to be between 50% and 60% of the cost of the pump, which will fluctuate according to the system of degree days.

Today, the cost of a heat pump ranges from 4,000 to 8,000 euros without the possibility of someone finding a slightly cheaper one or… quite a bit more expensive.

With this as a given, the beneficiary of the new “Excoionamo” program will see the final cost after the subsidy to be between 1,600 euros and 3,200 euros.

In other words, he will need to take this money out of his pocket for the supply of a heat pump, without calculating the installation costs, while it should be noted that if a pump is purchased with hot water, its value increases approximately by another 1,500 euros.

The state encourages the purchase of heat pumps through Exekhoonomo as, as an official of the relevant ministry points out, “the European Union is gradually forcing us to zero out subsidies for heating with fossil fuels. This has a second aspect that after a certain point one cannot put in new oil burners. This is prohibited by the European Directive”.

Heat pumps are considered to be the greenest and most economical way of heating, as they give the highest efficiency with the least energy use.

Only 25% of the heat produced is attributed to electricity. The remaining 75% concerns thermal energy drawn from the environment. If a subfloor is installed, it also gives excellent cooling performance.

The “architecture” of Exkohomno is changing

Now with regard to the “architecture” of the new programs, the direction that the Ministry of Foreign Affairs is considering is the assignment of their management (gathering and submission of supporting documents, certifications, implementation of the interventions) to companies or joint ventures that will be selected following a tender or alternatively will be registered in relevant registry as long as they meet the eligibility conditions that will be set.

With the “model” applied so far, each owner individually addresses an engineer, collects supporting documents, submits an application, buys equipment – materials, etc.

“The Ministry of Finance is in contact with tens of thousands of owners in each announcement, resulting in delays. In addition, the cost is different when one buys e.g. one heat pump and another when 1000 pumps are supplied. A large part of the aid given today results in administrative costs, and income for the retail trade, intermediate bodies, etc. With more centralized management, there will be economies of scale and more efficient management of resources”, said Ministry of Foreign Affairs sources.

At the same time, before the new notices are issued, the supporting documents requested by the interested parties are reviewed in order to simplify the process. As the same sources characteristically stated, a sign of the complexity is that there are still outstanding issues with the 2021 announcement.

Source: enikos.gr

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**Interview‍ with⁣ Dr. Elena⁣ Markakis,⁣ Energy Policy Expert**

**Editor:**⁣ Thank you for joining us today, Dr. Markakis. There have been some significant changes announced regarding the new Save programs​ and the subsidies ​for heat pumps. Could you explain what the⁢ main changes are?

**Dr.⁣ Markakis:** ⁢Thank you⁣ for having me.‌ Yes, the ⁤new Save programs⁢ aim to simplify the process for applicants ‌by examining the types of supporting documents needed. Additionally, there’s a consideration of⁣ delegating the management of these programs to ⁢external companies or consortia. ⁢This⁣ could streamline operations⁢ and enhance efficiency.

**Editor:**⁢ That sounds promising. Could you ‌elaborate on how the subsidies⁣ for heat pumps will be structured under‌ the “Exkoionamo” ⁤program?

**Dr. Markakis:** Certainly! The new program will focus heavily​ on supporting the ⁤use of heat pumps, with subsidies expected⁣ to cover between 50% and 60% of the pump’s cost.⁤ Given that heat⁢ pumps can ⁤range from €4,000 to ⁣€8,000, beneficiaries could ultimately pay between €1,600 and €3,200 after the subsidy for the unit itself, excluding⁣ installation costs.

**Editor:** That’s ‍a significant reduction in upfront⁣ costs. What’s ‍driving this push⁢ towards heat ⁤pumps,⁢ particularly in the context of‌ EU ⁣regulations?

**Dr. Markakis:** The European Union is increasingly mandating the reduction of subsidies for heating that relies⁢ on ‍fossil​ fuels. ‍This change is twofold: not only are​ new oil burners being phased out, but the EU​ also⁣ promotes heat pumps ‌as⁣ a more ⁤sustainable option. ⁢Heat ​pumps are viewed as ‌the most efficient and environmentally friendly way to heat ⁣spaces ⁣while minimizing energy use.

**Editor:** ⁣Would you ‍say these measures are likely ⁣to improve​ public ‍adoption ⁢of⁤ heat pumps, considering their efficiency?

**Dr. ⁤Markakis:** Absolutely. With a system where 75% of a ⁢heat pump’s energy usage comes from the‌ environment and only 25% ‍from electricity, they provide⁤ a highly efficient heating solution. Furthermore, ⁤heat pumps can also offer cooling options⁢ when combined with underfloor systems, making them versatile for​ various climates—especially in light of global climate change.

**Editor:** It sounds like we’re moving towards⁤ a greener future with ⁢these changes. Are there​ any final thoughts you’d like to share on the​ new ⁤Exkoionamo program?

**Dr. Markakis:** It’s an encouraging step towards sustainability. The ⁢simplification of processes and incentives for heat pump adoption could ⁤mark a significant shift in our heating practices. It’s crucial for both consumers and ⁢policymakers to embrace these programs to not only‍ meet EU standards‍ but also to contribute to​ a‌ healthier environment for future generations.

**Editor:** Thank‍ you for your insights, Dr. Markakis. It’s been enlightening to⁤ discuss ‍these ​upcoming changes.

**Dr. Markakis:** Thank you for having me. It’s always a pleasure to engage ⁣in such important discussions!

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