Bulgaria launched 123 mln euro photovoltaic funding scheme for households

After the final approval by the European Commission, the Ministry of Energy begins the recruitment of projects for application under the procedure for the construction of photovoltaic systems by Bulgarian households. 

The implementation of the procedure “National scheme for supporting households in the field of energy from renewable sources” within the framework of the National plan for recovery and sustainability aims to increase the use of renewable energy in the final consumption of households. It provides free financing for the supply and installation of solar installations for domestic hot water supply, as well as photovoltaic systems with a capacity of up to 10 kWp, which may also include systems for storing the produced electrical energy.

The total amount of the investment is 240 million BGN – 140 million BGN at the expense of the Recovery and Sustainability Mechanism and 100 million BGN national and private co-financing. At the first stage of implementation, BGN 80 million will be allocated. The delivery and installation of solar installations for domestic hot water supply can be financed under this procedure in full, but with no more than BGN 1960.83. Photovoltaic systems with a power of up to 10 kWp are financed up to 70%, but no more than BGN 15,000. Applicants can submit their documents until November 10, 2023, after which the projects will be ranked. 

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