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Economy

Greece to Subsidize New Fridges, Air Conditioners

ATHENS – Households will be able to submit applications for the state subsidized replacement of energy-intensive home appliances with new ones as of Tuesday through July 5, Energy & Environment Minister Kostas Skrekas said on Monday.

At a presentation held by Skrekas, it was noted that applications can be submitted online without having to provide additional documents, for the granting of a 30-50% subsidization of air conditioners, refrigerators and freezers – devices that are deemed as the most energy intensive, it was noted in an announcement by the Energy & Environment Ministry. Each household can have up to 3 such electrical devices subsidized for replacement.

The only requirement for applicants is one’s Taxisnet codes, the power company’s unique customer identifying number and one’s mobile phone number, it was added.

Some 200,000 households can benefit from this program, while more than 380,000 devices can be replaced, noted the ministry.

The average energy savings for each household is estimated at 1,000 KWh annually, equivalent to a 25% in energy savings in one year, or up to 300 euros in annual bills, noted the minister.

The platform will be accessible at allazosyskevi.gov.gr

The government is also scheduled to make announcements on Tuesday about an additional fuel subsidy that will take effect in July through September.

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