About 600,000 Ukrainian families already taken advantage of ‘warm loans’ program

About 600,000 Ukrainian families already taken advantage of ‘warm loans’ program

Ukrinform
Almost 600,000 Ukrainian families have already taken advantage of the “warm loans” energy efficiency program.

"Almost 600,000 Ukrainian families have already taken advantage of the ‘warm loans’ program. In parallel, 140 municipal programs providing from 10% to 30% co-financing of energy-saving measures, as well as the IQEnergy program funded by the European Bank for Reconstruction and Development, work. Its participants can get 35% compensation for the cost of goods and materials they used for insulation and modernization of housing," Vice Prime Minister - Minister of Regional Development, Construction, Housing and Utilities of Ukraine Hennadiy Zubko, the press service of the Minregion reported.

He also noted that such programs contribute to optimizing energy costs but they do not provide a systematic approach to addressing this issue. As a result, the state can not estimate the scope of the saved funds in the end. According to the Vice Prime Minister, the launch of the Energy Efficiency Fund will ensure a completely different level of energy modernization of housing.

"It is a key instrument for successful implementation of the energy efficiency reform in the country," the minister said.

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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