Property owners face high costs when they want to renovate their properties to make them more energy efficient. However, modernization can significantly reduce energy costs and increase the value of the property. There are various subsidy programs to alleviate this financial burden. Owners must first apply for the subsidies before the D. Investments can usually only be made once the subsidy decision has been received. Through the "Federal Subsidy for Efficient Buildings" (BEG), for example, owners can receive grants for various measures such as heating system renovations and insulation work. These can cover up to 70 percent of the costs.
A further incentive is provided by the Federal Office of Economics and Export Control (BAFA), which promotes the modernization of the building envelope, among other things. Owners can be reimbursed up to 20 percent of the costs. Last but not least, an additional financial advantage can be exploited through tax deductibility: 20 percent of the refurbishment costs (maximum 40,000 euros per residential property) can be claimed against tax over three years.
Despite the support available, the path through the funding jungle can be complex. This is where energy consultants come into play. Not only do they help with the application process and ensure that all requirements are met, but they can also be subsidized by BAFA. With prudence and professional support, owners can ensure that they receive the maximum subsidy for their investment.
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