The amount of funding for retrofitting projects will be around 10% to 50% of the actual project expenditure, depending on the type of building, the type of installation and project duration. Project expenditure shall restrict to the cost of energy efficiency installations and the cost of Qualified Service Provider appointment.
The amount of funding for retro-commissioning and implementation of smart technologies in building will depend on the amount of the energy saving and project duration. The more energy the project will save and the sooner the project will be completed, the more funding will be granted.
The funding will be disbursed to applicants in the form of reimbursement, i.e. the applicant has to settle the payment on its own before seeking reimbursement from the Fund.