“Save – Switch device for business”: Pre-publication of the program

Prepublished the program “Save – Change device for businesses”, through which support is provided to businesses in order to install energy-efficient equipment, according to a related announcement by the Ministry of Environment and Energy.

The program, with a total budget of 105.6 million euros, will be implemented in the framework of the action “Saving – Doing Business” of the National Recovery and Resilience Plan “Greece 2.0”, with funding from the European Union-NextGenerationEU.

The objective of the program is to improve the energy efficiency of enterprises and reduce primary energy consumption and consequently carbon dioxide (CO2) emissions, by at least 30% for each business.

Expenses covered with “Save – Switch device for business”

The program covers expenses for:

  • Heating systems using heat pumps (including solar thermal systems for increasing the efficiency of heat pumps and through heat storage)
  • Solar heating systems
  • Smart energy meters (behind the grid meter)
  • Other energy-saving interventions, through the installation of energy-efficient equipment and systems to save energy in the production, storage, distribution of products, as well as the operation of companies

The program is addressed to existing businesses operating in the Greek Territory with a Greek VAT number, are active on the date of application submission participation and have been established until 31.12.2023.

The maximum aid amount is 10,000 euros and will be determined taking into account the size of each business, the aid rate and the maximum budget of eligible expenses.

Submit applications

The businesses who wish to participate in “Save – Change device for businesses”, will submit a financing application when the program is activated, through its online platform (https://exoikonomo-epixeiro2023.gov.gr/). The time period for submitting applications will be specified in the announcement, which is expected to be signed, soon, by the Minister of Environment and Energy, Mr. Theodore Skylakakis and by the Deputy Minister of National Economy & Finance, Mr. Nikos Papathanasis.

See the pre-publication of the program here.