The Ministry of Economy is launching a new phase of the Energy Efficient Home program aimed at reducing heating costs and increasing household comfort, achieving significant reductions in CO2 emissions, as well as developing a market for heating systems for modern biomass in Montenegro, as announced from the ministry.
The program entails an attractive and sustainable financial mechanism for the implementation of energy efficiency measures in households. For the purpose of this program, the Ministry of Economy has provided EUR 100,000 for subsidizing interest and fees for processing of loans to households in Montenegro that can be used to purchase and install heating systems for modern forms of biomass (pellets, briquettes), which include boilers/furnaces , piping and/or radiators, for the installation of thermal insulation on the facade of a residential building and for the installation of energy-efficient facade joinery.
Within the Program, citizens will be able to apply for interest-free loans up to a maximum amount of 10,000, with a repayment period of up to six (6) years, for the implementation of the above energy efficiency measures in their households, while the Ministry of Economy will subsidize interest and processing costs of loans for the entire loan repayment period. The Ministry of Economy stated that they are implementing this program in cooperation with partner companies that are the leading contractors Mikromont Bijelo Polje, Home Systems Podgorica, Plam Engineering Podgorica, Veneta Plamen Podgorica, Energos Podgorica and the consortium "LD gradnja-Cerovo" Niksic, as well as partner banks Hipotekarna and Lovcen Bank.“ The program foresees that a citizen should contact a qualified contractor to obtain more detailed information on an offer under the Energy Efficient Home program. Upon receiving the offer to perform the works, the citizen applies to the Ministry of Economy, with a request for confirmation that he or she is eligible to participate in the program, with supporting documentation proving that the object on which the works will be performed is legal, that is, in the process of legalization.
If the request is approved, the Ministry issues a certificate that the citizen is eligible to participate in the program, after which the citizen applies to the bank for a loan.
Procedures for the implementation of the program "Energy Efficient Home", contacts of partner companies and banks, unit prices of materials, equipment and services offered within the program, application form for obtaining a certificate for participation in the program can be downloaded at www.energetska-efikasnost.me
In the previous phase of the “Energy Efficient Home” program, energy efficiency measures were implemented in 93 households in Montenegro.
This program is a continuation of the earlier “Energy Wood” program, implemented by the Ministry of Economy through three phases since 2013, which has installed around 1,010 pellet and briquette heating systems throughout Montenegro.
Information on the dynamics of program implementation will be regularly published on the website www.energetska-efikasnost.me
Text by Goran Kapor, on August 7th, 2019, read more at Vijesti