KfW Funding of Energy-efficient Construction and Renovation of Non-Residential Buildings Starts in July 2015

Germany wants to reach an almost climate-neutral building stock by 2050. To promote not only the energy-efficiency of residential buildings, but also of commercial and municipal buildings, the state-owned promotional bank KfW will increase support for energy-efficient renovations of commercial and municipal buildings and the construction of new energy-efficient non-residential buildings.

Non-residential buildings account for more than 40% of primary energy consumption, Dr. Ingrid Hengster, member of the board of KfW Group pointed out.

Financial support starts at the beginning of July 2015. Funds come from the CO2 Renovation Programme (CO2-Gebäudesanierungsprogramm).

Enterprises and municipalities will benefit from reduced interest rates and repayment bonuses (Tilgungszuschüsse) of up to 17.5% if a buildings meets the standard of the KfW energy-efficiency house following a renovation or if applicants modernise the building envelope or the technology of the facility (Anlagentechnik). Constructing new buildings with a low energy consumption will also be encouraged.

Regardless of the size commercial enterprises can apply for KfW loans via their principal bank as of 1 July 2015.

Starting 1 October 2015 municipalities, welfare institutions (soziale Einrichtungen) and municipal enterprises can receive financial support for energy-efficient new buildings. The existing support for energy efficient renovations will be significantly improved.

Promoting energy-efficiency is high on the agenda of the government, yet in late February the government and the federal states could not agree on planned tax incentives promoting energy-efficient renovations contained in the latest German National Energy Efficiency Action Plan (NAPE). In December 2012 the Bundesrat (Federal Council) that represents the interests of the federal states already rejected the Act on Fiscal Measures Promoting Energy-Efficient Renovations of Residential Buildings. It was the only bill of the 2011 energy legislative package, which the Bundesrat did not approve of. The states opposed the bill for fear of tax losses.

Source: BMWi

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