Fabian Demicoli

Grants– Energy Efficiency for Businesses

 Government has recently announced the launch of a €10 million scheme investment in energy-efficiency measures and renewable energy sources confined by the EU European Regional and Development Fund (ERDF) and the Government.

The funds are available to all enterprises and are meant primarily to improve energy efficiency, an important element in ensuring environmental protection as well as a key component of business stability.

The energy grants will be accessible through a competitive call through a competitive call that will be administered by Malta Enterprise.

Through this scheme 2 types of investments will be supported:

Energy Saving Measures

Installation of intelligent lighting systems

Solar heating

Thermal insulation

Building management systems and energy saving lightings

2. Alternative Energy Sources

Installation of energy generating solutions based on the use of solar power and wind power Projects benefiting from this incentive should be completed within 18 months and have a minimum value of € 25,000.

Also recently launched is the Energy Audits through which enterprises can identify effective ways of reducing costs of energy consumption. Businesses can apply with Malta Enterprise for an Energy Audit and a qualified expert will be sent to the applying company to conduct a walkthrough energy audit and identify opportunities for energy saving.

This incentive is fully funded by Malta Enterprise. The numbers of audit hours are pre-determined by Malta Enterprise depending on the size and complexity of the applying enterprise. The report generated can then assist the enterprises to submit a well balanced application for the ERDF Energy Grants.

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