Why energy-efficient renovation is particularly worthwhile from August 2015
The energetic refurbishment has been imminent for years Focus of home owners and builders trying on an old building. Not just for practical reasons speaks much for this measure. On the one hand, legal regulations that have defined transitional periods depending on the type of construction and the year of construction are applicable. This applies in particular to measures that are carried out after a specific date. Here then minimum standards regarding building materials and the like are given. On the other hand, this is accompanied by an increase in value, an overall better energy balance and thus lower maintenance and consumption costs.
An additional incentive is provided by the state-owned KfW banking group, which has set up various energy recovery programs.
What is behind the program Energy Efficient Refurbishment?
For builders, the KfW program "Energy Efficient Refurbishment", which is divided into several loans or investment grants, is of particular interest. It is based on the KfW 151 program, a loan for individual energy measures as well as for restructuring the so-called KfW Efficiency House. Recent program changes have had a positive effect. Thus, the maximum loan amount, which applies here per housing unit, is now 100,000 EUR. These are self-contained apartments intended for permanent residential use with appropriate installations. The maximum amount of EUR 50,000, on the other hand, applies to individual measures that are not related to the KfW Efficiency House.
This funding is made possible by the CO2 Building Rehabilitation Program, which is funded by the federal government. Currently, the annual percentage rate is 0.75 percent (as at 23.02.16). For example, a 30-year loan term would be possible, of which five are grace-free start-up years and a ten-year fixed-interest period is agreed.
Not only energy-efficient refurbishments will be supported. The purchase of refurbished housing that complies with the KfW requirements is also explicitly eligible.
Possible alternative: The Grant Program 430
If you would like to regulate the refurbishment or the purchase of refurbished housing differently, then the Grant Program 430 would also be eligible , It is funded by the federal government from the same restructuring program and has a decisive advantage: it can be flexibly combined with other funding. Possible is a subsidy of up to 30,000 EUR, again based on a residential unit. Only private owners are eligible.
Eligible are measures on dwellings erected before a specific deadline. The decisive factor is that the building application (in the alternative: construction advertisement) was submitted before February 01, 2002. Unless you are based solely on the KfW Efficiency House standard, selected individual measures are eligible. In particular, measures of thermal insulation, the renovation of windows, doors and the installation of a ventilation system are classic approaches. In addition, the renewal or even optimization of a heating system seems technically sensible, analogous to measures of thermal insulation.
Part of the basis for calculation are, for example, also classic ancillary construction costs, expenses for consulting, planning and construction supervision.
What is written in the fine print?
In order to benefit from such state-subsidized subsidies, you, as an applicant, must meet certain minimum requirements. Initially, only those investment measures that you carry out on owner-occupied or rented dwellings will be approved. Residential property associations as well as property developers fall under these regulations. Also included are condominiums. When purchasing newly renovated residential buildings or condominiums, only the first purchaser is eligible to apply.
In order for KfW to be able to understand the necessity and the concept behind the measures, it requires the involvement of a knowledgeable energy advisor. Anyone with such a qualification can be found in the list of experts on the KfW website. Residential areas are subsidized, the basis for a loan is the number of residential units after completion of the renovation. Since you are at & sect; 2 EnEV-oriented, there are also restrictions on eligible & dquo; residential buildings & ldquo ;. Holiday homes or holiday apartments, but also objects used exclusively as a weekend house are excluded from subsidies.
Further changes in the overview
- The increase of the maximum eligible amount to EUR 100,000 corresponds to an increase of 1/3 (previously: EUR 75,000). In particular, those builders who plan further measures and otherwise exceed the maximum amount can benefit from this.
- In addition, KfW grants a so-called repayment subsidy, which is granted when the loan program is used. This amounts up to 27.500 EUR and leads to the fact that effectively less credit must be repaid. If it is only a matter of individual measures, you can now also benefit from the repayment subsidy. It amounts to 7.5 percent, based on the loan amount of all individual measures.
- Simplified application paths are now also open to owners within a condominium community. If they had previously had to submit separate applications, this can now be done by the authorized property manager on behalf of all landlords. Only a so-called de minimis declaration is necessary.
Conclusion and Concluding Remarks
KfW's promotional programs are used by the federal government as a cyclical driver, as the investment in buildings is linked to low-interest loans or subsidies. The advantage lies in particular on the part of those who lacked appropriate means and had to postpone the necessary measures. The older the residential property and the more timid earlier remedial measures were, the higher the long-term savings potential. For conventional one-family houses with 170 square meters of living space, this can, given KfW Efficiency House standards, mean lower consumption costs in the four-digit range per year.
By using a certified energy consultant, it is also possible to identify problem areas in the building fabric at an early stage. The independent, self-sponsored expert serves as a mediator between the borrower and KfW. This ensures the proper and optimal settlement of the respective measures.
The state-owned KfW banking group has increased the funding thresholds for certain programs aimed at energy-efficient refurbishment. In addition, the application was simplified. Further savings can be made by combining credit and subsidy.
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