Government making it easier to invest in energy efficiency

The goods, works and services purchased from the Energy Efficiency Fund will be delivered to beneficiaries under a new Regulation approved by the Government.

The document establishes a simplified mechanism that eliminates bureaucratic steps and ensures quick access to investments for individuals, legal entities, and homeowners' associations.

Through this mechanism, financed goods and services will be delivered free of charge based on reception documents and tax invoices. Beneficiaries will be obliged to properly use and maintain the goods received, while the Ministry of Energy will exercise control over the correct implementation of the Regulation.

Thus, the Government aims to speed up the implementation of energy efficiency projects and create better living conditions for citizens. The application of simplified rules will reflect in lower bills for consumers and more efficient public buildings.

The Energy Efficiency Fund in the Residential Sector in Moldova is a national program with a budget of 1.4 billion lei, aimed at financing energy rehabilitation projects for homes in the Republic of Moldova. The program supports both multi-story blocks and individual households. In the next three years, over half a million square meters of dwellings, of which about 75% are residential buildings and 25% individual houses, will undergo renovations, generating energy savings of up to 40%.

It is worth noting that in recent years, the Government has initiated several important projects in the energy efficiency, including the renovation of 30 public buildings, energy rehabilitation of 46 schools nationwide, modernization of 10 hospitals, and other significant investments in 11 buildings in the healthcare system, including the hospitals in Florești, Ialoveni and Nisporeni.