Government prepares credit line to combat energy poverty

10 minutes: energy poverty affects more and more families in Portugal

To the TSF, the Minister of the Environment says that the conditions of these credits will be more advantageous than loans from commercial banks, which means they will have lower interest rates.

O It has already advanced to the second phase, but after the exchange of new appliances, the subsidies will end. Next year, loans will begin for the Portuguese to heat or cool their homes. Families up to the fourth step of the IRS can receive benefits.

After various State support with European money, such as subsidies to improve energy efficiency of the houses changing windows or household appliances, From next year this will end.

O Government will provide a line of credit to families to carry out works that make homes warmer in winter and cooler in summer.

The problem is already chronic and the lack of capacity and money to keep the house air-conditioned is a challenge.

This new program starts next year and people who live in their own or rented homes, condominiums, housing cooperatives or social solidarity institutions. As companies are left out.

Minister says conditions are advantageous

To the TSF, the Minister of the Environment says that the conditions of these credits will be more advantageous than loans from commercial banks, which means they will have lower interest rates.

It will be managed by the Environmental and for the Banco do Fomento. In principle, it will not have a defined deadline or maximum amount and is reviewed every year.

Families up to the fourth step of the IRS, thethat is, who earn up to 23,089 euros per year, may benefit more with an interest subsidy.

O money will have to be used for bioclimatic solutionssuch as windows and insulation roofingventilation, solar panels, heat pumps or devices for efficient water use.

For being a credit you will have to pay for every penny you spendbut since Thursday it started the second phase of applications for E-LAR, which allows you to exchange gas appliances for more efficient electric appliances.

Since the 11th, more than 21,000 families have applied and vouchers have also been issued. The Environment Minister also says that demand has been so great that this second phase could exhaust the 60 million euros available in a few days.

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