Sunday 23 September 2018

More than 30,000 Ukrainian homes go energy efficient

More than 30,000 Ukrainian households have benefitted from the European Bank for Reconstruction and Development's (EBRD) energy efficiency programme.

The Residential Energy Efficiency Financing Facility has now invested a total of UAH1 billion (£27m) into energy-efficient home improvements - this has enabled homeowners to take out loans, with many expected to qualify for partial investment grants.

The facility is supported by €15 million (£13.5m) in funding from the Eastern Europe Energy Efficiency and Environment Partnership, to which the EU is the largest contributor.

Ukraine’s residential sector is responsible for over a third of the country’s energy consumption, with many of its soviet-era buildings having significant potential to be made warmer and more efficient.

More than 70% of completed home improvement projects have used domestic-made products such as double-glazed windows or boilers.