The Cabinet of Ministers of Ukraine has sent UAH 400 million for the implementation of the Ukraine residential energy efficiency financing program in 2018, and 48% of which will be sent to homeowner associations. “The effectiveness of using 1 USD of state budget expenditures in one- and two-apartment houses is 10 times higher than in individual apartments in multi-apartment houses,” the explanatory note to the resolution says.
According to the document, out of UAH 400 million provided by the energy efficiency program for 2018-2020, the government allocated UAH 190 million for residential energy efficiency loans for homeowner associations and housing construction cooperatives. Another UAH 202 million will be used to “stimulate the population to introduce energy efficient measures,” and the remaining UAH 7.7 million will be used to recover part of the funds used to purchase boilers (except for gas and electric boilers).
In addition, the resolution provides for state support for the introduction of electric heating in high-rise buildings in cities where this is provided for by heat supply schemes.
Deputy Prime Minister, Regional Development, Construction, Housing and Utilities Economy Minister Hennadiy Zubko reminded that UAH 1.6 billion is provided for financing energy efficiency of homeowner associations this year within the framework of the Energy Efficiency Fund, the press service of the government said.
