Promotion in Greece
Updated: 17.01.2019
Means of support
Summary of support schemes
The new Development Law that came into force in July 2016 foresees support for CHP plants and RES H&C plants (for self-consumption, but not only):
Tax relief. The 2016 Development Law foresees support for CHP and RES H&C plants in a form of an income tax relief and a stabilisation of income tax coefficient. They can be substituted with other support mechanisms, i.e. subsidies, under the Development Law.
Subsidy I. The 2016 Development Law foresees support for CHP and RES H&C plants in a form of subsidies, leasing subsidies, and subsidies for the creation of new jobs. They can be substituted with other support mechanisms under the Development Law, i.e. tax relief.
Income tax relief. Law No. 2238/1994 provides an income tax relief for natural and legal persons who have performed an energy upgrading of their building either at their own expense or through participation in national programmes (e.g. Exoikonomo).
Subsidy II (combined with loan- “Energy Saving at Home II”): The Programme “Energy Saving at Home II” aims at improving the energy performance of residential buildings through the provision of interest-free loans and subsidies for the installation of RES plants and energy-saving measures. The total budget of the programme is € 292.43 million. The programme will be open until the funds are exhausted.
Greece
