Credits to buy household appliances: the Government expands the list of products that can be financed

Credits to buy household appliances: the Government expands the list of products that can be financed

September 4, 2024 – 08:59

The financing is provided within the framework of the “Energy Efficiency and Reconversion Program”, which was launched at the beginning of August. Now, through the Official Gazette, the range of products and services that can access financing from the scheme has been expanded.

The Government, through the Undersecretariat of Transition and Energy Planning, issued a provision this Wednesday, which has as its main objective update and enlarge the list of appliances and devices included in the Energy Efficiency and Conversion Program.

It is worth remembering that this program seeks to promote the use of more energy-efficient technologies and equipment in various sectors of the Argentine economy, such as residential, commercial and industrial. As reported by AmbitoIn August, the Energy Secretariat and Banco Nación signed an agreement to promote energy efficiency in homes and businesses.

It includes credit lines at preferential rates and the possibility of financing in Up to 24 interest-free installments the purchase of selected products in BNA Store.

This is achieved through various measures, including:

  • Financing: Loans are offered at preferential rates for the acquisition of efficient equipment and materials, as well as for carrying out studies and projects to improve energy efficiency.
  • Setting standards: Technical criteria are defined for the equipment and materials that can access the benefits of the program, ensuring that they are truly efficient.
  • Promotion: Dissemination and awareness campaigns are carried out to promote the use of efficient technologies and the advantages that this entails.

Why is this program important?

Energy efficiency is key to:

  • Reduce energy consumption: reducing pressure on energy resources and mitigating the environmental impacts associated with energy generation.
  • Save money: Users can reduce their energy costs by using more efficient equipment.
  • Promoting the energy transition: Energy efficiency is a fundamental pillar for moving towards a more sustainable energy system based on renewable energy.
  • Reduce greenhouse gas emissions: By consuming less energy, emissions that contribute to climate change are reduced.

What changes does this new provision introduce?

The main novelty is the update of the list of equipment, materials and services that can access financing from the programThis update seeks to incorporate new technologies and more efficient products that have emerged on the market since the program was initially created.

annex_7196067_1.pdf

The main new feature is the update of the list of equipment, materials and services that can access funding from the program.

Source: Ambito

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