Ukrainian PM Groysman calls on population to benefit from ‘warm loans’ program

Ukrainian PM Groysman calls on population to benefit from ‘warm loans’ program

The Ukrainian government program "Warm loans" helps Ukrainians to save money and assists the state in becoming more energy efficient and independent.

Ukrainian Prime Minister Volodymyr Groysman posted this on his Facebook page.

"The government increases funding for the program. Additional UAH 300 million has been recently allocated to finance the program this year. I suggest joining the program as the state will help you to reduce energy consumption, and, consequently, the utility costs," Groysman wrote.

According to him, a growing number of Ukrainians decides to take advantage of the "warm loans." As of July, 86 condominiums and housing associations attracted "warm loans" worth UAH 29.1 million. This is a fourfold increase compared to the same period in 2016.

As a reminder, the "warm loans" program provides for improving energy efficiency of the households. The state reimburses program participants 20-35% of the cost of goods bought on credit.  The energy efficiency measures include insulation of buildings, installation of water and heat meters, heaters with thermostatic regulators, replacement of windows, modernization of lighting and other things.


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