Guide

Government aid to change your small electronic devices

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The subsidy, up to €3,000, is available for Monegasque individuals and companies.

The increase in the price of electricity will have an impact on Monegasque household budgets. A fortnight ago the Minister of State, Pierre Dartout, presented a vast energy management plan with a planned price cap, as a protective measure.

In concrete terms, through this measure the government will help households to acquire less energy-intensive and more efficient appliances. In addition to lowering energy costs, the new energy-efficient equipment has the added benefit of reducing global warming caused by unnecessary energy consumption.

Many appliances are eligible for the subsidy, such as LEDs, inertia radiators, hydro-econometric and thermostatic valves, and multi-sockets. The Government can also help finance certain small insulation projects, as well as the replacement of collective boilers by heat pumps.

SEE ALSO: Greenhouse gas emissions at all-time low in Monaco

Companies and individuals alike should contact the Mission pour la Transition Energétique (Mission for Energy Transition – MTE) to benefit from the subsidies. The organisation can cover up to 30% of the cost of purchasing new equipment, with a maximum subsidy of €3,000. Applying couldn’t be easier: just fill in the form on the site and send it in with the invoices before December 31.

For more info: MTE