Grants for Renovation of Prefabricated-Panel Residences

The "Panel Program" grant funds the renovation of residential buildings built with prefabricated panels; these are large, 10 storey buildings with low thermal U value. The grant includes some funds for renovation of roads, parking areas, playgrounds and parks in the buildings vicinity. Eligible energy conservation actions include change of doors and windows, thermal insulation of walls and ceilings, modernisation of HVAC systems. The Hungarian state will refund renovation expenses to a maximum of one third of the total investment, an amount not to exceed HUF 500.000 per residence. The remaining two-thirds of the investment can come from the local municipality and from the dweller (own contribution). Emissions avoided by this efficiency upgrade may qualify for trade.

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