Improving the Energy Efficiency of Tertiary Sector Businesses
Action "Save - Enterprise" | Ministry of Environment & Energy
The Save - Enterprise program subsidizes the energy upgrade of businesses operating in the commerce, services, and tourism sectors.
Applications are submitted from March 12, 2024, until the budget is exhausted, strictly on a priority basis (First in First Out).
The grant rate reaches up to 65%, depending on the size of the enterprise and the type of intervention.
Eligible energy-saving expenses include Frames, Thermal Facades, Insulation, LED Lighting, Heat Pumps, Air Conditioning, DHW (Domestic Hot Water) Systems, and Engineering - Consulting studies.
The maximum subsidized budget is up to €500,000 for tourism and up to €250,000 for other sectors.
▲ Beneficiaries
Beneficiaries are existing businesses of all sizes.
[Micro – Small – Medium – Large Enterprises] from the following sectors:
Commerce · Services · Catering · Tourism
Detailed eligible activities (NACE codes) can be found here .
▲ Eligible Expenses
Subsidized interventions include:
- Thermal insulation, Thermal facades, Shading systems
- Building shell upgrades, window and door frames
- LED lighting & consumption-saving automation
- Heat pumps, Air conditioners, Heating – cooling – ventilation
- DHW (Domestic Hot Water) systems, Solar thermal & Solar Collectors
- Local & central control automation
Supporting Services are also included (up to 7% & max €30,000):
- Energy audits – issuance of EPCs (Energy Performance Certificates)
- Monitoring and implementation consultant
- ISO 50001 certification (energy management)
- Studies & research related to the project
▲ Energy Goals
Investment plans must achieve an energy upgrade, as evidenced by the Energy Performance Certificates (EPCs) before and after the investment, as follows:
- ≥ 40% primary energy savings
- ≥ 35% reduction in emitted pollutants (CO&sub2;)
▲ Main Modifications
- After the budget is exhausted, applications are registered as runners-up (waitlisted).
- The requirement to upgrade by two energy categories is abolished.
- The mandatory goals remain:
- ≥ 40% primary energy savings
- ≥ 35% reduction in CO&sub2; emissions
- For projects up to €150,000 (tourism) and up to €80,000 (commerce/services), a temporary Solemn Declaration instead of an EPC is allowed with a 1-month deadline.
The "Save - Enterprise" Action, with a total budget of €176.75 million, is funded by the Recovery and Resilience Facility.
▲ Action Guide
The Investment Center [Blackbird Group], serving as NSRF integration consultants for 16 consecutive years, provides full and comprehensive support, from the initial eligibility check and expected score estimation to the correct preparation and submission of an outstanding business plan designed to yield the maximum possible scoring.
☆ Over 10 years of experience in business upgrade subsidies ☆
NSRF Consultants: ROP (PEP), DYPA (OAED), NSRF Tourism, Leader, Development Law
- ✓ 3,000 subsidized investment projects
- ✓ 95.6% success rate (approved applications)
[See here the success rates for a multitude of applications submitted by our office. 100% of Submissions in recent similar programs were approved:]
✓ 100% Approval Success (2024–25): "Support for the Establishment of New SMEs" [50% grant]
✓ 100% Approval Success (2024): "Green Productive Investment" [40% – 50% grant]
Ready to Secure Your Energy Upgrade Grant?Our consistently high success rates guarantee excellent support from our office. Let our experts handle your application from start to finish. Call us at 210 8028330 or 2810 823002 |
