• Українською
  • Cabinet of Ministers prolongs Warm Loans program for another year
    Ministry of Energy of Ukraine, posted 30 September 2020 16:31

    The Ministry of Energy initiated the continuation of the program of warm loans and scaling up measures within the framework of the state support.

    Today, the Cabinet of Ministers adopted a decision developed by the Ministry of Energy to extend the Warm Loans program in 2021.

    For the next year, the program is aimed at providing loans to residents of individual houses and provides funding in the amount of UAH 150 million.

    Besides, citizens will have the opportunity to raise "warm loans" for the purchase of electricity storage systems (energy storage systems), equipment for charging electric vehicles and smart electricity meters.

    "For 6 years of operation, the Warm Loans program have proved efficiency. The state helps families to invest in rather expensive energy efficiency measures, and the population is more actively involved in energy conservation and as a result, reduces the cost of utilities," said the acting Minister of Energy Olha Buslavets.

    She said that the funding of the program in 2021 had been supported by MPs from the line Verkhovna Rada committee.

    It should be noted that for 6 years of effect of the program about 850,000 families have become participants in Warm Loans program, invested in energy efficiency measures almost UAH 9 billion. At that, compensation from the state budget amounted to UAH 3.2 billion. According to experts, energy-saving measures allow for saving 20-40% on utility bills.