PARTICIPANTS IN 'WARM LOANS' PROGRAM RECEIVE UAH 132 MLN COMPENSATION IN OCT

Business news from the Ukrainian League of Industrialists and Entrepreneurs

PARTICIPANTS IN ‘WARM LOANS’ PROGRAM RECEIVE UAH 132 MLN COMPENSATION IN OCT

1 Nov , 2017  

KYIV. Nov 1 (Interfax-Ukraine) – The State Agency of Ukraine on Energy Efficiency and Energy Saving has carried out compensation under the “warm credits” program: in October UAH 132 million in irrevocable financial assistance for energy efficient measures was paid from the national budget to the population and the associations of multi-apartment block co-owners.
“The largest amount of compensation, UAH 117 million, was paid to families for insulation of individual housing. Nearly UAH 4 million was paid to households that installed solid fuel boilers. Another UAH 11 million was paid to the associations of multi-apartment block co-owners and housing maintenance offices, which implemented energy efficient measures in high-rise buildings,” the message says.
In total, since the launch of the “warm credits” program the population and the associations of multi-apartment block co-owners have been paid almost UAH 1.8 billion from the national budget. In particular, UAH 1.6 billion was paid to individuals for insulation of individual housing, UAH 114 million to individuals to install solid fuel boilers and UAH 73.3 million to the associations of multi-apartment block co-owners and housing maintenance offices for implementing energy efficient measures in high-rise buildings.