Bulgarian govt gets in touch with on financing scheme for home solar

• The Bulgarian energy ministry recently released an examination on a new treatment to offer financial backing for families to mount solar equipment.

The scheme will offer grants for the purchase of photovoltaic or pv (PV) systems of approximately 10 kWp, including batteries, equal to as much as 70% of project expenses but not greater than BGN 15,000 (USD 8,088/ EUR 7,669). There will certainly likewise be discounts for the setup of solar water heating systems that can cover 100% of their rate, approximately BGN 1,960.83.

The help belongs to Bulgaria's recovery as well as strength strategy and also has an overall budget of regarding BGN 59.8 million, of which almost BGN 50 million come from the EU NextGenerationEU mechanism.

The assistance is aimed at homeowners that possess single-family homes or homes in multi-family buildings and also live there as their major address. Under the recommended policy, the solar installment must replace inefficient heat sources that use solid gas such as wood or coal.

Projects will be submitted as well as assessed digitally.

Comments under the consultation are due by January 23.