Friday, October 2, 2009

French Eco-Loans

France is really becoming an EU market for energy efficiency.

"To encourage homeowners to make energy efficiency improvements on their homes, France introduced a 10-year, zero-rate eco-loan in 2009, making it possible to finance up to €30,000 of energy renovation work for private housing. In addition, a sustainable development tax credit allows people to deduct from their tax bill between 15% and 50% of their spending on equipment and materials to improve energy efficiency in their main home."

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