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Recommendation

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We need to provide fiscal advantages for individuals to implement energy refurbishment

Achieving EU renovation objectives requires ambitious financial support to encourage households engage in such projects. This measure could provide:

  • Financial support such as loans, subsidies etc., could help initiate energy refurbishment and could be awarded on the basis of income for the purpose of social justice. If loans are preferred, they could be reimbursed via the energy saving achieved;
  • Financial support could be also focused on encouraging comprehensive renovation projects. In this case, fiscal advantages could be based on the scope/degree of energy refurbishments.

This recommendation could also result in reducing people’s energy bills while simultaneously boosting their comfort.