New green housing incentives in 2025: changes to eco-bonus

The government is working on a reform of the eco-bonus for 2025: the primary focus of the new policies will be primary residences, properties with lower energy ratings, and owners with limited incomes. Exclusive of high-end properties and outdated technologies, the option to transfer the credit, which has caused issues with the super bonus, will be eliminated. Let's examine the fundamental aspects of the 2025 eco-bonus reform.

In the release of the Government’s Structural Budget Plan (Psb), the Environment Ministry divulged various specifics of the upcoming 2025 eco-bonus in anticipation of the next Budget Law, following the expiration of the current incentives by December 31, 2024, no longer aligned with the requirements of the tax incentives review from Brussels. The new eco-bonus will be more impactful and will concentrate on energy upgrades where necessary.

Primary features of the new eco-bonus:

Validity span of a decade

The incentive will be applicable for a minimum of 10 years to meet the objectives set for the residential sector by the Epbd (Green Homes Directive) by 2035. Consequently, the renovation of residential structures should result in a 16% decrease in energy consumption by 2030 and 20-22% by 2035.

Rejection of broad discounts

Tax benefits will no longer be universally granted but restricted to specific scenarios. Priority will be given to properties outlined in the Green Homes Directive, such as primary residences, energy-efficient buildings, and cases of energy poverty, while excluding upscale properties (e.g., mansions and fortresses) and technologies not compliant with EU directives, like gas heating systems.

Gradual advantages

"Diminished benefits for individual actions and escalating benefits based on achieved energy efficiency" are anticipated. Essentially, the more intricate and comprehensive the energy efficiency enhancements, the greater the benefits received.

Elimination of credit transfer and invoice discounts

These mechanisms will no longer be utilized due to past issues. The question remains on their replacement: financial aid tools, favorable loans, collaborations with the National Energy Efficiency Fund will be necessary. A feasible solution may involve preferential "green" mortgages backed by a state fund, akin to Consap mortgages and mortgage assurances for individuals below 36 years old.