Save-Change device for businesses: Who are the beneficiaries and what is the process 2024-02-24 02:40:33

The purpose is to improve the energy efficiency of existing businesses of all sizes – even sole proprietorships – that are active in Greece, have been established until the end of 2023 and are active.

In the procedural part, applications to participate in the program are submitted through the electronic platform: As the Ministry of Environment and Energy points out, the direct evaluation method (First in-First out) is to be applied.

“”Change device for businesses” is a program that ensures multiple benefits to its beneficiaries. Businesses of all sizes, even sole traders, can receive up to €10,000 for installing more energy efficient equipment. By improving their energy efficiency, they will be able to save energy and money, since investments in heating systems using heat pumps, solar heating systems, etc., will gradually lead to a reduction in their operating costs. And of course, the program in question is included in the wider network of energy saving initiatives that we take, which aim at a more efficient and environmentally friendly national energy system”, emphasized the Minister of Environment and Energy Theodore Skylakakis.

The program is aimed at existing businesses – small (including very small), medium and large – that are active in Greek territory with a Greek VAT number, are active on the date of submission of the application for participation and have been established until 31.12.2023.

The businesses in question will be able to submit a single financing application per VAT number. In addition, they should have issued the 1st Energy Performance Certificate (PEA – or the Energy Audit, if required based on the expenditure categories) of the installation implementing the investment or submit it within 20 days from the moment of submission of the provisional application for participation.

It should be noted that the supplied equipment must be modern, new, unused and owned by the company. VAT is not eligible, as well as maintenance and repair costs of equipment already in use by the business are not eligible.

The duration of the implementation of the interventions in each application cannot exceed 6 months from its approval in the program.

Save – Change Device for Businesses: The amount of support

The exact amount of the aid will be determined, taking into account the size of each business, the aid rate and the maximum budget of eligible costs. More specifically, to improve their energy efficiency, small businesses will be able to submit applications, with a maximum eligible expenditure budget of 20,000 euros. The aid rate is set at 50%, so they will be able to receive up to 10,000 euros. Medium and large enterprises, respectively, will be able to submit applications with a maximum eligible expenditure budget of 25,000 euros. In the case of these, the aid rate is 40%. Therefore, interested businesses will also be able to receive up to 10,000 euros in support.

Eligible expenses

Cost of equipment:

  • purchase of a new heating system using heat pumps
  • purchase of a new solar heating system
  • purchase of smart devices for measuring energy consumption (behind the grid meter)
  • other energy saving interventions

Charges for services:

  • performing the necessary additional work for the installation of the new equipment (e.g. cost of transportation, installation, configuration of the new equipment (heat pump, solar thermal system, solar heating system, smart meter, etc.)
  • issue of two PEAs, for the facility implementing the investment declared in the application
  • implementation of an Energy Audit (before the start of the investment and following it, respectively the procedure for the PEAs), which is eligible, only in the case where there are costs of the category of costs of other energy saving interventions

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