Save Energy – Renovate for Young People
“Save Energy – Renovate for Young People”: The program that breathes new life into our homes and our lives
In an era when the energy crisis and the high cost of housing are putting increasing pressure on young people, the program “Save Energy – Renovate for Young People” comes to offer a breath of fresh air and an opportunity. Not only to make homes greener, but also to regain life, comfort, and value.
This is a dual action that combines energy saving with space renovation. In simple terms: the state financially helps young homeowners to improve their homes smartly, efficiently, and beautifully.
What exactly is the program?
The “Save Energy – Renovate for Young People” program is aimed at individuals aged 18 to 39 who own or use a primary residence. Its goal is twofold:
- To reduce the energy consumption of homes through interventions such as frames, thermal insulation, photovoltaics, or heat pumps.
- To improve the functionality and aesthetics of the home through renovation works, such as bathroom, kitchen, flooring, or electrical installation upgrades.
The logic is simple: a home that consumes less energy and is more comfortable offers a better quality of life and lower monthly expenses.
How much aid can one receive?
The Save Energy – Renovate for Young People program subsidizes two different categories of expenses:
- In the “Save Energy“ part, the maximum subsidy amount can reach approximately €22,500, covering up to 75% of the works, depending on income and property characteristics.
- In the “Renovate“ part, works up to €10,000 are subsidized, with a grant rate of around 30%.
For the remaining amount, there is the possibility of an interest-free loan, so that young people are not immediately burdened with the total cost. The combination of subsidy and loan makes the program more “friendly” and accessible to those who want to upgrade their home without getting into major difficulties.
Who can participate?
The program is exclusively for young adults up to 39 years old who:
- have ownership or usufruct rights to a residence,
- use the property as their primary residence,
- and possess a legal permit or legalization document for the property.
Furthermore, the home must belong to a low or medium energy category to justify the need for an upgrade.
What types of interventions are subsidized?
The works that can be included are many and varied, depending on the needs of each residence:
In “Save Energy”:
- Replacement of frames (see the energy-efficient frames that are subsidized) and building shell thermal insulation
- Upgrade of heating – cooling system
- Installation of photovoltaic system
- Application of “smart” systems (smart home)
In “Renovate”:
- Bathroom and kitchen renovation
- New electrical or plumbing installation
- Installation of flooring or interior doors
- Minor aesthetic improvements
In short, you can create a modern, energy-efficient, and more beautiful home, with a significant part of the cost covered by the program.
Why is it worth participating?
Because it is a realistic “tool” that truly helps young people take a step towards their autonomy.
- Electricity and fuel bills are significantly reduced.
- The home gains greater value and comfort.
- The owner actively participates in the green transition, contributing to the reduction of the energy footprint.
In an increasingly demanding real estate market, a “smart” home is an investment with potential.
What to pay attention to if you want to apply
- Do not start works before approval, as you will lose the right to a subsidy.
- Collaborate with an engineer who is familiar with the “Save Energy” programs to properly prepare the study and the file.
- Carefully check that your property meets all criteria.
- Create a realistic budget: calculate the subsidies and what you will need to cover yourself.
- Request offers from different contractors to get a clear picture of cost and quality.
See more in what to pay attention to in the save energy program
A new beginning for young homeowners
The “Save Energy – Renovate for Young People” is not just another state program. It is an opportunity for renewal for the home, for daily life, for young people’s relationship with their space.
Considering that a large part of homes in Greece are old constructions and energy-intensive, this program acts like a small restart that brings the new generation closer to the idea of green housing.