21 condominiums received about 640 thousand UAH of state assistance for home insulation

The State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) has made another reimbursement of the part of "warm" loans taken by condominiums in Oschadbank and Ukrgasbank within the state energy efficiency program. This time 21 condominiums have got compensation of their expenses on insulation in the amount of about 640 thousand UAH.

"Today the state energy efficiency program is a unique mechanism of cooperation between authorities and people towards energy efficiency in apartment buildings which has proved its effectiveness. The Government co-finances energy efficiency measures, thus reducing the financial burden on family budgets, and the population insulates houses, then saves on utility bills and meets the next heating season armed at all points", -  says Sergiy Savchuk, Head of the SAEE.

Sergiy Savchuk also draws attention to the program's transparency. "The program's terms allow to be convinced that the condominium really implements energy efficiency measures in the house. Banks enter data about condominiums into registers only after getting documents that confirm the intended use of the loan. The Agency, in turn, provides compensation according to these registers", - informs Head. The Agency's Chairman also reminds that the condominiums may apply to local authorities for additional compensation of the part of "warm" loans.

Overall, in 2016, condominiums that took part in the program received reimbursement in the amount of 3,78 million UAH.

For the entire duration of the program residents of multi-apartment buildings, who united in condominiums and participated in the state energy efficiency program, have got from the Government an irrevocable financial assistance in the amount of 8,74 million UAH to implement energy efficiency measures.

Communication and PR Department

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