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Factsheet for measure CZ-2021-23/2690 Updated – measures in Czechia

Energy Loan

Úvěr z programu ENERG Národní rozvojové banky

Country Czechia , applies regionally

    • – CZ010 Hlavní město Praha
Time period Open ended, started on 01 June 2021
Context Green Transition, Restructuring Support Instruments
Type Other initiatives or policies
Category Supporting businesses to stay afloat
– Access to finance
Author Aleš Kroupa (Research Institute for Labour and Social Affairs)
Measure added 23 June 2022 (updated 12 November 2024)

Background information

The program supports small, medium, and large enterprises operating in Prague, in areas such as manufacturing, construction, retail and wholesale, transportation and storage, accommodation, catering, and other services. The aim of the program is to facilitate entrepreneurs in the territory of the capital city of Prague to access financing for projects aimed at reducing the energy intensity of their activities or the use of energy from renewable sources for their activities in order to achieve savings in final energy consumption. The programme is managed by the National Development Bank, formerly called the Czech Moravian Guarantee and Development Bank (www.nrb.cz).

Content of measure

The project aims to encourage companies to develop sustainable energy solutions and operational systems for their businesses. The programme offers preferential interest-free loans to cover the costs of energy assessment and to achieve the results of project implementation. Loan specifics:

  • amount: CZK 1-20 million (€36,500 up to €73,000 as at 25 March 2020), which would amount to 70% of the project's eligible expenditure;
  • interest and fee-free;
  • return period: 10 years;
  • loan drawdown: up to 2 years;
  • deferment of loan principal repayments: up to 2 years;
  • financial contribution of 7% of the drawn down amount of the loan upon achieving the planned energy savings;
  • re-insurance: to be determined individually.

Updates

The following updates to this measure have been made after it came into effect.

22 July 2024

As part of the program, the amount of the possible loan was increased from the original 1 - 20 million to 0.5 to 60 million CZK.

01 June 2022

On June 1, 2021, another call was announced for the submission of projects to support the energy savings of entrepreneurs from the ENERG program.

Use of measure

The loan can be used for:

  • insolation of business buildings and window replacement;
  • reconstruction of electricity and gas distribution;
  • air conditioning replacement for more energy efficiency;
  • lighting of buildings and industrial areas;
  • modernisation of energy production facilities for own consumption;
  • installation of a renewable energy production plant and heat pumps;
  • other measures set out in calls.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: Unknown

Involvement

No involvement.

Views and reactions

No views.

Sources

  • 31 October 2022: Bezúročný úvěr na energeticky úsporné projekty v Praze (www.nrb.cz)

Citation

Eurofound (2022), Energy Loan, measure CZ-2021-23/2690 (measures in Czechia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/CZ-2021-23_2690.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.