Main Points
- There are five state programs for financing energy equipment for businesses, communities, and households in Ukraine.
- Zero-interest loans for generators for small and medium-sized businesses – up to 10 million UAH for a period of up to three years; over 400 loans have been issued for a total of over 620 million UAH.
- The “5-7-9%” program – up to 250 million UAH for energy equipment for businesses and condominiums; 155 loans have been issued for a total of over 2.6 billion UAH.
- “Own Generation” at 10% per annum – from 1 to 25 million euros (from 500 thousand euros for frontline regions) for medium and large businesses.
- Energy support for condominiums and housing and construction cooperatives – compensation of up to 70% of the cost, loan of up to 3 million UAH; 15 loans have been issued for a total of over 22 million UAH.
- Energy support for households – compensation of up to 30% of the cost, loan of up to 480 thousand UAH; almost 1200 loans have been issued for a total of over 420 million UAH.
The Ukrainian government provides financial support to businesses, communities, and citizens to strengthen energy resilience. Currently, there are five targeted state programs under which enterprises, condominiums, and private households can receive assistance in installing energy equipment.
“Our goal is to protect businesses, apartment owners, and private households from Russian energy terror”, emphasized Prime Minister of Ukraine Yuliia Svyrydenko. The development of distributed generation and energy autonomy, she said, is one of the directions for the implementation of regional and community resilience plans.
Micro, small, and medium-sized businesses can take advantage of zero-interest loans for generators and other equipment for autonomous power supply. The maximum amount of such a loan is up to 10 million UAH for a period of up to three years. Since the start of the program, over 400 loans have been issued for a total of over 620 million UAH.
The “5-7-9%” program is available for the purchase of energy equipment. Under this program, businesses and condominiums can receive up to 250 million UAH in financing for the construction and installation of gas turbine, gas piston, biogas, and cogeneration plants. This tool has been used 155 times – for a total of over 2.6 billion UAH.
Medium and large businesses have access to the “Own Generation” program at 10% per annum. It allows for the attraction of from 1 to 25 million euros, and for frontline regions – from 500 thousand euros, for the construction of new generating capacities, energy storage systems, cogeneration plants, biogas, and biomass projects. The loan term is up to five years, with priority given to energy-deficient and frontline regions.
A separate program operates for condominiums and housing and construction cooperatives. They can receive loans from 0% to 7% per annum for the installation of generators, solar power plants, and heat pumps for apartment buildings. “The state compensates up to 70% of the project cost. The maximum loan amount is up to 3 million UAH. Already, 15 loans have been issued for a total of over 22 million UAH”, emphasized Yuliia Svyrydenko.
Private house and townhouse owners can receive a loan from 0% to 7% per annum for the purchase of generators, batteries, or solar power plants. The state compensates up to 30% of the project cost, and the maximum loan amount is up to 480 thousand UAH. Under this program, almost 1200 loans have been issued for a total of over 420 million UAH.
Detailed information about the conditions of the energy support programs is available on the website of the Ministry of Energy: energy.kmu.gov.ua.
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