Improving energy efficiency and sustainability is essential in today’s business environment. The Retrofit Scheme is an extensive initiative created to support businesses in decreasing energy consumption, reducing carbon emissions, and cutting down on energy waste through retrofitting private-sector buildings.
What is the Retrofit Scheme?
The Retrofit Scheme provides financial aid to businesses to implement energy-saving measures. This initiative focuses on reducing the energy demand for heating, cooling, ventilation, hot water, and lighting, ultimately helping companies lower their operational costs and environmental footprint.
Key Benefits of the Retrofit Scheme
- Financial Support: The Retrofit Scheme offers grants of up to €5,000,000 per project.
- Energy Efficiency: Eligible projects must demonstrate a minimum 30% reduction in Primary Energy Demand (PED) compared to the pre-investment state.
- Customised Funding: Funds are allocated based on a Standard Scale of Unit Cost per square metre, varying by the targeted percentage reduction in PED, the project size, and location (Malta or Gozo). For investments in Malta, the unit cost ranges from €130 to €400 per square metre, while for Gozo, it ranges from €170 to €440 per square metre.
- Regulatory Compliance: Grants comply with the General Block Exemption Regulation (GBER).
Eligible Investments
This Grant Scheme supports eligible businesses in implementing measures that lower their buildings’ primary energy demand. It focuses on reducing energy consumption for heating, cooling, ventilation, hot water, and lighting.
Application Process and Support
Application Deadline: Application cut-off dates are available until 31st December 2024, subject to fund availability.
Our Support Services: CSA Group is committed to helping businesses through the application process. Our team of experts provides guidance, application assistance, project management, and reimbursement claims support.
Next Steps
To learn more about how the Retrofit Scheme can support your business or to start your application process, contact us today at [email protected] . Our team is ready to help you take the first step towards a more energy-efficient and sustainable future.
