18:01 03.12.2015

Banks will issue UAH 8 bln loans under state energy saving program in 2016 – energy saving agency

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Banks will issue UAH 8 bln loans under state energy saving program in 2016 – energy saving agency

Banks participating in the state program to partially compensate the cost of credits taken for the modernization of heating and energy efficiency measures in the housing sector of Ukraine will be able to issue UAH 8 billion in such loans in 2016, Head of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk has said.

"I think that given the pace we are moving with, considering the market potential that exists today, next year we will be able to issue UAH 8 billion in loans for energy efficiency," he said at a press conference on the results of the government's work and the prospects of development in the field of energy efficiency and renewable energy in Kyiv.

Savchuk also noted that most loans for thermal modernization and housing energy efficiency to the population under the relevant state program since the beginning of 2014 have been issued in Lviv region.

"Lviv region is in the first place because it at once joined our program. Out of more than UAH 1 billion of loans granted throughout the country some UAH 120 million was issued in loans in small Lviv region," he said.

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