Energy Saving – Business Enhancement
The program is addressed to existing businesses – small (including very small), medium, large, and very large – operating in the Greek territory, in eligible Activity Code Numbers (KAD) from the sectors of commerce, services, catering, bakery and confectionery production, as well as tourism, possessing a Greek Tax Identification Number (AFM), and being active at the date of submission of the participation application.
Eligible interventions
Eligible interventions for funding include, among others::
- Thermal insulation, installation of shading systems
- Energy upgrading of lighting systems using new LED technology, installation of automation systems to reduce consumption due to user absence/presence
- Energy savings in space heating systems, such as replacing boilers with heat pumps
- Energy savings in space cooling systems, such as replacing chillers
- Energy savings in space ventilation systems, such as replacing fans
- Energy savings in domestic hot water systems
- Installation of Renewable Energy Systems, such as solar thermal systems, photovoltaic systems, and small wind turbines
- Power quality improvement systems
- Installation of automation, control, and management systems both locally and centrally
- Replacement of energy-consuming equipment related to the production process of provided services (e.g., ovens, refrigerators)
- Preliminary actions for application preparation including Energy Audits by registered Energy Auditors according to Law 4342/2015 during proposal preparation and submission, and setting Energy Targets
- Services of Energy Inspectors as defined by Law 4122/2013 and related Ministerial Decision 178581/30-06-2017 for issuing Energy Performance Certificates for buildings within the scope of KENAK
- Implementation and certification of energy management systems according to ISO 50001
- Expenses for Management Consultants for application preparation, submission, administration, and management during implementation until completion
- Study expenses for all necessary studies required for the implementation of the energy audit report related to the purposes of the Action.
Budget and Intensity of Investment Plan Support
The subsidized budget (public expenditure and private participation, excluding VAT) of each investment proposal of a potential beneficiary:
Investment aids for energy efficiency measures on buildings. Eligible expenses are the total investment costs. Expenses not directly linked to achieving a higher level of energy performance in the building are not eligible..
When the investment consists of installing or replacing only one type of building element, as defined in Article 2 point 9) of Directive 2010/31/EU, the aid intensity shall not exceed 25%.
When the aid for investments in buildings is granted less than 18 months before the entry into force of Union standards for compliance with minimum energy performance standards defined as Union standards, the aid intensity shall not exceed 15% of eligible costs if the investment consists of installing or replacing only one type of building element as defined in Article 2 point 9) of Directive 2010/31/EU, and 20% in all other cases.
- It shall not exceed the amount of five hundred thousand euros (€500,000) for the Tourism sector
- It shall not exceed the amount of two hundred fifty thousand euros (€250,000) for the Commerce and Services sectors
| Small and very small enterprises | 50% |
| Small and very small enterprises | 65% |
Energy Target
- There is an obligation to reduce emitted pollutants (CO2) by at least 35% and to save primary energy by at least 40%.
- For investment plans with a budget up to €150,000 in the tourism sector and up to €80,000 in the commerce and other services sectors, if at the time of application submission the Energy Performance Certificate (EPC) of the building(s) included in the plan or the Energy Audit Report has not been issued, an exclusive deadline of one month from the application submission is given to provide it, and the above are declared by a Solemn Declaration.
Application Period
Funding is available until the available resources are exhausted.
Subscribe to our services