Romania Grants Subsidies For Renewable Energy Via Green House Progr

The equipment purchased via the Green House program will be 90% subsidized, provided individuals who want to install alternative energy production systems agree to buy from companies accepted by the ministry.

 

Subsidies for the Green House program, due for implementation on January 5, 2009, will be allocated via the Environment Fund Administration.

 

The Administration benefits from overall financing meant for the program of 520 million lei (EUR1=RON3.6140), of which RON400 million target financing for eligible projects submitted by individuals and employers’ associations.

 

Subsidized energy equipment will include geothermic pumps, solar panels, photovoltaic panels and even mini-aeolian systems, Korodi told a press conference.

 

“(…) energy or heating costs will be considerably reduced with the help of these systems,” he said.

 

Ministry calculations indicate hot water bills might see a 60% drop, while heating costs could be reduced by some 30%.

 

Korodi said the Green House project was set to be a multi-annual program.

 

Asked if the future government will preserve the program, Korodi replied: “Please allow me a smile. I can’t think of anyone who can afford to stop this program.”