2024-02-21 07:05:23
Energy renovation of the built stock in Geneva: Historic agreement signed by the DT and 15 partners
This Monday, February 5, 2024, the Department of Territory (DT) and 15 partner associations signed an innovative agreement, marking a strong commitment to the energy renovation of Geneva’s built stock. The agreement offers exceptional framework conditions and financing, notably confirming the heat expenditure index (IDC) as the main implementation tool. The initial schedule remains in effect, with a three-year extension for villas and small buildings. Geneva Industrial Services (SIG) will also step up their support through the Eco21 program.
Context and consensus
Preceded by consensus work initiated in October 2023 by Antonio Hodgers, Councilor of State, this agreement responds to the decision of the Council of State to temporarily suspend the publication of law 12593, thus offering a period of six months for adjustments.
Implementation tools, timeline and financing
The agreement maintains the IDC, measuring the real consumption of the building, preferred by both real estate circles and energy professionals. The initial schedule is maintained, and the grant envelope increases from CHF 200 million to CHF 500 million, with clear allocation rules. Private partners will benefit from 70% of the subsidies, compared to 30% for the public sector. An increase in subsidies per square meter is also planned, with increased support in the event of economic disproportion. Mechanisms for deferring costs to rent during energy subsidies are removed.
Next steps
The agreement requires a vote on amended Law 12593, adjustments to the investment bill, ASLOCA’s withdrawal of IN 186, and a change in energy regulations. The following steps involve effective coordination between public and private actors to realize these ambitious measures in favor of energy renovation in Geneva.
Photo credit : IndividualOne via depositphotos.com
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