Spanish Government To Green Houses

Officials in Spain have announced billion-dollars plans to help homeowners retrofit and renovate houses to be more energy efficient.

1 minute read

December 13, 2007, 8:00 AM PST

By Nate Berg


"Prime Minister Jose Luis Rodriguez Zapatero on Monday said the Socialist government would hand out 1 billion euros ($1.47 billion) in direct subsidies to renovate old, energy-inefficient homes in 2008-2012, 200 million euros more than previously announced."

"It will also offer another 2 billion euros in credit every year to help Spaniards make their homes between 35 and 60 percent more energy efficient. Homeowners will receive an energy certificate to show that would boost the property's value because energy bills would be cut, he said."

Thursday, December 13, 2007 in Reuters

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