Over 21,000 Apply for HUF 75 bln in Home Solar Panel Subsidies

Green Energy

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More than 21,000 applications were submitted for HUF 75 bln in subsidies to support the installation of home solar panels and battery storage in the first week after the tender was launched, Energy Affairs Minister Csaba Lantos said in an interview with news portal Index published on Saturday.

Under the scheme, households may apply for up to HUF 5 million in support, covering two-thirds of investment cost.

Lantos noted that over 250,000 homes in Hungary have solar panels.

As the BBJ reported earlier, already in the first 24 hours after the opening of the new phase of the Solar Energy Plus Program, more than 17,000 pre-registration requests were received. 

According to an announcement by the ministry, the sponsor will decide on the approval of all pre-registrations within 15 working days. Applicants can then nominate the three possible contractors, from which they can choose based on their offers received through the system.

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