State Energy Efficiency Programs: What are the Benefits?

Our Association constantly works to ensure that our members have up-to-date information about business development opportunities provided by the state and international programs. We build this bridge through trilateral interaction.

Recently, we received a response to our inquiry from the State Agency for Energy Efficiency and Energy Saving of Ukraine. Specifically, it addressed state support programs for the development of alternative energy projects at gas stations.

Currently, the following initiatives are being implemented:

  • Financial support from the state decarbonization and energy-efficient transformation fund.
    • These are measures and state target programs focused on energy efficiency, the use of renewable energy sources, and alternative fuels.
    • Reimbursements, financial compensations, and reduced loan obligations for enterprises that implement energy services and develop alternative energy.
    • Investment projects in the field of energy efficiency.

What about the finances?

  • Preferential lending at 9% or 7% (the rate is reduced by 2% if equipment from a national manufacturer accounts for more than 70% of the project’s cost) for individual entrepreneurs, legal entities, and local government authorities. Details can be found here: https://fdu.com.ua.
  • Loan subsidies for individual entrepreneurs and legal entities under loan and leasing agreements made for the implementation of energy-efficient projects/measures. This applies to banks in which more than 50% of the shares (stakes) in the authorized capital are owned by the state. The list of specific programs is still in development.

State program “Affordable Loans 5-7-9%.”

  • This program is for micro and small enterprises. The loan funds can be used to purchase and install generating equipment that produces electricity from alternative sources, as well as energy storage systems. More information can be found here: https://bdf.gov.ua.

We will continue to stay updated and find opportunities and useful information for the development of your business.