Loan for energy efficiency renovations

It is a home loan with a favorable rate of interest that can only be used for funding the following:

• replacement and maintenance of old boilers; 
• installation of a solar-powered hot water system; 
• fitting of photovoltaic panels to convert solar energy to electricity; 
• installation of other equipment designed to produce geothermal energy; 
• fitting double glazing; 
• roof, ground and wall insulation;  
• installation of thermostatic valves or a timer-based room thermostat; 
• arranging an energy audit of your home. 

• Favourable interest rate: you qualify for a smaller interest rate than that on a standard home loan;
• Economical: saving energy means saving money, and you pay no handling charge either;
• Quick: you obtain your loan quickly, so you can start your improvements directly without drawing on your savings;
• Environmentally friendly: you reduce your ecological footprint;
• Tax: if you are a Luxembourg taxpayer or the equivalent, you can deduct the debit interest, up to an amount of €336 for each member of your household for tax purposes, as well as the debt balance insurance premiums associated with this loan, from your taxable income. 

A comprehensive list of the subsidised investments is available on www.myenergy.lu, together with a host of energy-saving tips.