"Moving Away from Oil and Gas": End of Subsidies Looms, No New Applications Possible

Another saving option opens up for the new federal government: The funds for the "Out of Oil and Gas" and "Renovation Offensive" subsidies were almost exhausted by the end of the year. Whether there will be money for this in 2025, the next government must decide, says the homepage of Kommunalkredit Personal Consulting (KPC). New applications are therefore not possible for the time being, but those who are already registered can still expect the promised money.

Extension of Subsidy Depends on New Government

The legal basis for an extension of the subsidy is indeed provided, but the budget funds would first have to be released. If this does not happen, the federal government can save a lot of money: The initiative for boiler exchange and house renovation ("Out of Oil and Gas") has spent 2.3 billion euros on 200,000 projects over the past five years, the Greens calculated at the beginning of December. The total budget promised by the black-green government for 2023 to 2027 amounted to 4 billion euros.

State subsidies are independent of the continuation of federal subsidies. For example, Burgenland announced the extension of the state subsidy of up to 3,500 euros per boiler exchange just before Christmas. The federal government has contributed up to 16,000 euros per new heating system in 2024.

(APA/Red)

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