Preferential loans
Preferential loan financed by the Energy Effiency Fund
Preferential Loans
The Energy Regulatory Agency provides concessional loans to individuals and legal entities with an annual interest rate of up to 5% through authorized credit institutions for the implementation of measures in the directions provided for in the Law No. 359-VIQ dated July 9, 2021 "On the efficient use of energy resources and energy efficiency" at the expense of the Energy Efficiency Fund.
Directions financed through preferential loans:
• supporting the implementation of energy efficiency measures and state programs;
• implementation of energy management system;
• application of smart meters and systems;
• application of cogeneration and highly efficient cogeneration facilities;
• use of renewable energy sources.
| Loan type | Amount (AZN) | Term | Grace period |
|---|---|---|---|
| Small-value loans | 1 000 – 50 000 | 5 up to a year | 6 months |
| Medium-value loans | 50 001 – 1 000 000 | 10 up to a year | 12 months |
| Large-value loans | 1 000 001 – 10 000 000 | 15 up to a year | 24 months |
.webp?language=en)
.webp?language=en)
.webp?language=en)
.webp?language=en)