Financing

Energy Efficiency helps everyone to spend less!


More efficient use of energy by industry helps to:

  • Reduce costs and make enterprises more competitive
  • Provide opportunities to replace old equipment and modernise production
  • Expand output, or the range of production
  • Improve quality standards and meet demands of export markets.

For households, EE helps to do things like:

  • Save on monthly expenses, especially for water heating
  • Have comfort in all the rooms of the home, not just one
  • Reduce the use of air conditioning.

For municipalities becoming more energy efficient will save on the cost of:

  • Providing municipal services like transport, utilities and waste management
  • Heating and cooling public buildings

For governments, EE and RE is important because it

  • Reduces the amount of imported energy, increasing energy security
  • Reduces air pollution and CO2 emissions, thus reducing global warming and helping to meet national targets and Energy Community Treaty commitments and EU Accession obligations.

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Do you need financing for your energy efficiency project?

Altogether in the Western Balkans there are 25 Energy Efficiency funds worth 830.36 M€, of which 98% is loan funding.  11 are big regional funds provided by international financial institutions with grant money from the European Commission.

 

 

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Does your project include renewable energy?

These funds also cover most renewable energy projects as well.

 

 

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Get more than just a loan

There are plenty of sources of finance which often include loans, with up to 20% grants and technical assistance to help you design your project,  check how effective it is and how much money you will save.  

 

 

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