Financing Energy Efficiency in private housing The advantage of alternative measures targeted to the residential sector
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1 Financing Energy Efficiency in private housing The advantage of alternative measures targeted to the residential sector Italian fiscal incentives for energy renovation works Gabriella Azzolini UTEE-AVEE Brussels, October 14 th
2 Article 7: obligations & alternative measures Summary of the expected savings, in Mtoe/year
3 The Thermal Account Thermal Account MD Renewable Energy for Heating & Cooling Support Scheme Objectives: energy efficiency improvements in existing public buildings; improving the energy performance of thermal systems for space heating and domestic hot water production.
4 Thermal Account Advantages an opportunity to improve energy efficiency in both the private and the public sector; a job opportunity for technicians; a support for the construction industry and the energy services sector (E.S.Co.); environmental benefits for the entire community. 4
5 The Thermal Account Thermal Account 2.0 MD News on: increase of the maximum size of eligible plants; simplify the access procedure; increase the variety of interventions.
6 Thermal Account Beneficiaries Eligible subjects: public administrations; private subjects: individuals, apartment block owners, private companies and agricultural enterprises. Beneficiaries may implement the actions via an ESCo.
7 Thermal Account Eligible Projects B Systems for the production of thermal energy from renewables and/or high-efficiency systems replacement of existing heating systems with heat pumps or biomass boilers, hybrid systems; replacement of existing boilers with heat pump boilers; installation of solar thermal systems, also for solar cooling.
8 Thermal Account Duration and funds The decree allocates funds for a maximum of 900 M /year: 200 millions for projects by public administrations; 700 millions for projects by private subjects. Incentive is provided annually, from 2 to 5 years, depending on the project. In the case of contribution 5000 incentive in 1 payment.
9 Thermal Account Calculation of the incentive Incentives are calculated throught specific algorithms, (not exceeding 65% of eligible expenses), in funcion of: plant size; estimated potential of the plant; climatic area; coefficients of produced energy enhancement; reward ratios (+20% or +50%).
10 Thermal Account Counter
11 Tax deduction of 65% L (National Budget Law 2007) L.D tax deduction from personal or corporate income taxes, no tax credit; deduction in 10 years; range from to euros; co-owners who belongs to a no tax area could transfer receivables to suppliers.
12 Tax deduction of 65% Interested buildings existing; any real estate register category is eligible; also buildings classified as «collabenti» units; heated.
13 Tax deduction of 65% Beneficiaries Tax payers, who pay the intervention and are: owners/ holders/cohabitants; public and private entities not pursuing business activities; public housing institutes.
14 Tax deduction of 65% Interventions Art. 1 National Budget Law 2007: C. 344 global energy requalifications of buildings euros; C. 345 building envelope (windows, thermal insulation of structures, solar shading euros; C.346 solar thermal systems euros; C. 347 heating and DHW production plants euros; Building automation systems e e, no limits.
15 payback of 65%; several eligible interventions; large range of detractions; several eligible subjects; Tax deduction of 65% Advantages buildings of any real estate register category; increased comfort; property added value; reduction in energy costs; simplified documentation.
16 Tax deduction of 65% Advantages for the system recovery of the existing building stock; support for the construction industry; acceleration of the spread of advanced technologies; environmental benefits.
17 ENEA REPORT : applications 2015: applications : 2,5 million of applications Tax deduction of 65% Results GWh/year energy saving 3 Millions of CO2 saved 28 Billions euros invested
18 Tax deduction of 65% Results (ENEA report)
19 Tax deduction of 65% Results
20 Tax deduction of 65% Results
21 Tax deduction of 65% Results
22 Tax deduction of 65% Results
23 Tax deduction of 65% Services offered by ENEA informative website online submission website advice; training and updating of professionals; communication activities.
24 Thanks for your attention!
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