ENERGY

Withdrawal of old electrical appliances to get under way

Withdrawal of old electrical appliances to get under way

The process for the replacement of old electrical appliances will start in mid-June, Energy and Environment Minister Kostas Skrekas announced on Saturday.

He told Skai television that the measure offering subsidies for the withdrawal of old air-conditioning systems, freezers and refrigerators will have a budget of 150 million euros, and with the contribution of beneficiaries, the program will amount to some €300 million.

The subsidy will range between 35% and 50% of the new appliances and aim at the replacement of a maximum of 380,000. ‘The aim is to slash the energy bills by 30%,’ Skrekas stated.

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