ERSTE Bank Croatia finances first Residential Energy Efficiency project

The necessary equipment was selected from the online Technology Selector at the Reenova+ website – a database with pre-approved high performing technologies. With the choice made, the family could apply for a loan. Since equipment has already been pre-evaluated for its energy savings potential, the loan approval process did not take long.

The investment of HRK 125,000 (roughly €500) allows the family to save around 12,495 kWh per year, which is positively reflected in the family’s energy bill and budget. The investment is being repaid out of energy cost savings and the family can meet other important family needs.

Such measures can be replicated massively, solving several issues at the same time – rehabilitation of the housing stock, prolongation of its lifetime and reduction of energy consumption on the country level, as the residential sector is a large consumer of energy.