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Dancă: By the end of the year, the contracts for the Electric Up program will be concluded

9 September 2020
Electricity
Energynomics

The emergency ordinance for the adoption of the Electric Up program goes on Tuesday, September 8, at the Official Gazette, and the contracts for this program could be made by the end of the year, said the head of the Chancellery of the Prime Minister, Ionel Dancă, during the event “Clean Energy solutions for end consumers,” organized by Energynomics.

Through the Electric Up Program, SMEs in the HoReCa field have the possibility to access a non-reimbursable financing of up to 100,000 euro for the installation of photovoltaic panel systems and charging stations.

“The emergency ordinance for the adoption of the Electric Up Program is going to the Official Gazette today. Work is already underway on the Applicant’s Guide and in a few days it will be made public, it will be put in public consultation, so we hope that this program will be accessible. (…) We are talking about 477 million lei of budget credits already allocated for this program, in other words, we expect this money to be already contracted and committed by the end of the year. According to our calendar we propose, starting from October, the call for beneficiaries must be launched. According to our estimates, the contracts for this program will be concluded by the end of the year,” said Ionel Dancă.

He stressed out that the value of the financing is between 30,000 euro and 100,000 euro and the initial budget for this first call is of 477 million lei, according to Agerpres.

“We are talking about a program to finance investments made by small and medium enterprises and by HoReCa companies in photovoltaic panels, in renewable energy production sources. Details on how to finance: we have systems that will be financed with an installed capacity of between 27 kW and 100 kW, which do not require additional ANRE authorization because they are up to 100 kW. The value of the financing is between 30,000 euro and 100,000 euro and the initial budget for this first call is of 477 million lei, but our goal is to allocate according to how this program will evolve up to 200 million euro for this type of investments. It is not co-financed by the beneficiaries. It is a 100% non-reimbursable grant of up to 100,000 euro,” Dancă explained.

He added that this program finances investments for the production of electricity from photovoltaic panels, but also recharging stations for hybrid and electric vehicles.

“It is a very good initiative of the Ministry of Economy. It is part of our Investment and Economic Recovery Plan announced on July 1 and here that almost over 90% of all programs included in that Economic Recovery Plan at the moment are with the normative acts adopted and in implementation,” added Ionel Dancă.

Autor: Energynomics

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