THERMOMODERNISATION FUNDS

FINANCIAL PROGRAMMES

In 2009 an act about promotion of thermomodernisation (Dz. U. Nr 223, poz. 1459) was implemented. On the strength of that act Polish national bank (Bank Gospodarstwa Krajowego) launched a financial programme which subsidizes investors interested in thermomodernisation. To receive a bonus an investor is bounded to take credit for the investment and then part of the debt will be discharged by the thermomodernisation financial funds. The investor is given a repayment which stands for 20% of the overall credit but it cannot be more than 16% of the overall investment costs. There are four requisites and one of them have to be fulfilled to obtain the refund:

1. Reduction of energy consumption used on heating the building and running water by:

  • 10% - in buildings where central heating is modernized only.

  • 15% - in buildings where central heating modernization was executed after 1984.

  • 25% - in the other buildings.

2. Reduction of years energy losses in heat generation and distribution network by 25%

3. Reduction of years heat energy costs caused by close-down of local heat source and connecting the building to the centralized one by 20%

4. Replacing a conventional heat source by renewable energy or high efficient cogeneration source.

All the estimations are based on surveys compiled by accredited auditors with suitable competences.