Over 43,000 Apply for Home PV, Heating Upgrade Subsidies
Photo by zstock / Shutterstock.com
More than 43,000 households have applied for over HUF 200 billion in government subsidies to install home solar panels and energy-efficient heating systems, Technology and Industry Ministry State Secretary for Energy Attila Steiner said on Wednesday, according to state news wire MTI.
Interest for the subsidies, launched in December, was "unprecedented", Steiner said.
Winners will get up to HUF 2.9 million to install solar panels and as much as HUF 11.3 mln to upgrade heating systems.
The subsidies, which targeted mostly households with below-average income, are being pre-financed by the government pending the approval of Hungary's Recovery and Resilience Facility (RRF) plan in Brussels, Steiner said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.