Presentation is loading. Please wait.

Presentation is loading. Please wait.

Structuring and Implementing Schemes to Improve Energy Efficiency in the Residential Building Sector The Experiences of KfW Gudrun Gumb Senior Project.

Similar presentations


Presentation on theme: "Structuring and Implementing Schemes to Improve Energy Efficiency in the Residential Building Sector The Experiences of KfW Gudrun Gumb Senior Project."— Presentation transcript:

1 Structuring and Implementing Schemes to Improve Energy Efficiency in the Residential Building Sector The Experiences of KfW Gudrun Gumb Senior Project Manager KfW Bankengruppe, Product Development Housing Programmes June, 19th 2009

2 2 KfW Bankengruppe in brief Promotional bank of the Federal Republic of Germany Founded in 1948 Shareholders: Federal Republic of Germany (80%), German federal states (20%) Headquarters: Frankfurt am Main; branch offices: Berlin and Bonn Representative offices: around 50 offices and representations worldwide Balance-sheet total at the end of 2008: EUR 395 billion Financing volume 2008: EUR 70,6 billion employees in 2008 Rating: AAA/Aaa/AAA

3 3 KfW Bankengruppe Environmental and climate protection Environmental and climate protection is a major promotional priority! Total commitments in this sector in 2008: EUR 19.5 bn Förderbank and Mittelstandsbank EUR 14.5 bn KfW Entwicklungsbank EUR 1.7 bn KfW IPEX-BankEUR 2.6 bn DEG EUR 0.7 bn Commitments in 2008 for: renewables EUR 5.3 bn energy efficiency EUR 8.1 bn KfW Bankengruppe is one of the world's biggest financing institution for energy efficiency and renewable energy

4 4 Energy Efficiency in the Residential Building Sector Agenda Basic facts Regulatory Framework Programme Details KfW-Efficieny House Standard Summary: Incentives and Factors of Succes

5 5 Capability of energetic renovation in Germany 39 mio housing units 75% built before 1979 potential of renovation 20 mio housing units Programme started in loans Commitment volume of roughly 24 billion euros 1,2 mio housing units Sponsored by federal funds Budget to fund programme incentives: 2008 through 2011 annually app. EUR 1.4 billion Energy Efficiency in the Residential Building Sector Basic Facts

6 6 German Energy Conservation Ordinance (EnCO) (Energieeinsparverordnung – EnEV) Energy efficiency requirements for new and existing buildings Energy Efficiency in the Residential Building Sector Regulatory Framework Promotional Programmes Information and Consulting and other regulations I N S T R U M E N T

7 7 Building stockNew building Energy Efficiency in the Residential Building Sector Programme Details Energy-Efficient Construction subsidised interest loans max EUR per housing unit additional repayment bonus possible KfW-Efficiency House standard or single measures grants as an alternative to loan max EUR per housing unit additional special support available Energy-Efficient Rehabilitation Higher energy efficiency means better conditions. subsidised interest loans max EUR per housing unit KfW-Efficiency House standard two promotional stages

8 8 Energy Efficiency in the Residential Building Sector KfW-Efficiency House Standard Abbreviations: NL = New Building Level according EnCO Primary Energy Demand (kWh/a) kWh/a kWh/a kWh/a = 100 % of NL = 70% of NL = 55 % of NL

9 9 Energy Efficiency in the Residential Building Sector KfWs on-lending system refinancing loan (maturity e.g. 20 years) loan to homeowner (maturity e.g. 20 years) Interest rate: 1.41%* Bank Individual homeowner Interest rate: 0.66%* Margin for credit risk and handling 0.75%* German Government Capital market Interest subsidy Funding * p.a. eff.

10 10 Energy Efficiency in the Residential Building Sector Summary: incentives and factors of success Factors of success to reach broadscale impacts Transparency and Standardization KfW-Efficiency House as a successful brand for energy efficiency in Germany - confirmed by an energy consultant KfWs Onlending – System Energy Efficiency Incentives for houseowners subsidised intrest loans additional repayment bonuses possible grants possible Higher efficiency means higher promotion

11 Structuring and Implementing Schemes to Improve Energy Efficiency in the Residential Building Sector The Experiences of KfW Gudrun Gumb Senior Project Manager KfW Bankengruppe, Product Development Housing Programmes June, 19th 2009

12 12 Annex: Energy Efficient Construction and Rehabilitation budget and promotional effects Y E A R V O L U M E Commitment Volume mio EUR Investments mio EUR quarter Budget p.a. mio EUR Housing Units number

13 13 Annex Energy Efficient Construction and Rehabilitation - Energy-efficient Construction Promotional goal/ target group: Conditions: Eligible measures: - Financing share -Loan amount -Loan term -Disbursement amount -Fixed-interest period -Free of redemption -Off-schedule repayment Construction or initial purchase of KfW Efficiency- Houses To finance the construction of KfW-Efficiency Houses/ all investors who construct a KfW-Efficiency House -100% of the construction/investment costs -No more than EUR 50,000 per housing unit -Up to 30 years -100% -10 years -At least 1 year, no more than 5 years -At no cost at any time during the fixed-interest period

14 14 Annex Energy Efficient Construction and Rehabilitation Energy-efficient Rehabilitation (Loan Variant) Promotional goal/ target group: Conditions: Eligible measures: - Financing share -Loan amount -Loan term -Disbursement amount -Fixed-interest period -Grace years -Off-schedule repayment all measures that contribute to achieve KfW-Efficiency House; individual measures thal fullfill the technical requirements of the program -Up to 100% of the eligible costs -No more than EUR 75,000 or 50,000 per unit -Up to 30 years -100% -10 years -Up to 5 years -At no cost at any time during the fixed-interest period + addl. repayment bonus (5% or 12.5%) is possible dep. on degree of rehabilitation + addl. repayment bonus (5% or 12.5%) is possible dep. on degree of rehabilitation save energy and reduce CO 2 emissions in residential buildings / all investors in measures at resedential buildings + addl. grants for special support

15 15 Annex Energy-efficient Rehabilitation program (Grant Variant ) Promotional goal/ target group: Conditions: Eligible measures: - individual measures - KfW-Efficiency House KfW-Efficiency House % of the eligible investment costs, no more than EUR 7,500 per housing unit To save energy and reduce CO 2 emissions in residential buildings/ owners (natural persons) of single and two-family houses or apartments -17.5% of the eligible investment costs, no more than EUR 13,125 per housing unit -5% of the eligible investment costs, no more than EUR 2,500 per housing unit all measures that contribute to achieve KfW-Efficiency House including planning and supervision, as well as secondary work; individual measures thal fullfill the technical requirements of the program + addl. grants for special support


Download ppt "Structuring and Implementing Schemes to Improve Energy Efficiency in the Residential Building Sector The Experiences of KfW Gudrun Gumb Senior Project."

Similar presentations


Ads by Google