KfW BEG funding stopped 261, 262, 263, 264, 461, 463, 464

I don't expect it to be that extreme. But it probably won't last longer than Easter.

The servers of the KfW will probably all be down tomorrow morning and in the afternoon the funds will be completely used up... o_O

I wish every prospective beneficiary to have their documents ready and apply immediately ... not that something is changed again.

So I’m ready to go, the energy consultants understandably were quite bored, which is why the confirmation for the application (BZA)-ID went pretty quickly...
The only problem is that it’s about new construction for me...

And I thought the 9.5 billion that were being discussed last week are for these renovation projects AND the old applications submitted by January 24, and the 1 billion still on the table is ONLY for new construction projects...

I just don’t get it anymore... :rolleyes:

Can someone maybe enlighten me here, I’m really completely baffled...

It was said all along that 1 billion would be made available again for new applications, then suddenly all media are saying 9.5 billion for all programs including the old applications already submitted before 01/24. So what is true now?

Honestly, if 9.5 billion in total has to cover everything, then it’s gone before March has even started. Habeck took billions in his sob story (when he announced that the old applications would actually be processed), how much he saved now, how many are still open blah blah blah. If all these are now served from this new pot, then it would almost be empty by itself. If now also new renovations and new buildings are taken from the same pot, but the program for new buildings doesn’t restart again soon, then the entire pot is empty before the new construction program has even started...

Where is my error in thinking?

The question that I currently cannot quickly answer is how large the delta was in the already submitted applications. I know there were 24,000 applications (new construction and renovation), but how much money was behind them? No idea. If it was 8.5 billion, then that would fit with the additional billion.

Renovations probably accounted for about 10%. (For the open applications even significantly less, there were around 700 applications out of the 24,000) The vast majority were the 55 new constructions (and most of those were developers or municipalities), who certainly in many cases will not switch to KfW 40. Therefore, the money will probably last a little longer, but possibly not until the end of the year. Since renovation according to KfW standard and new construction were previously pooled, it is not unreasonable from my point of view to continue this way as well.

For renovations, there is also a separate fund for individual measures, which was not affected by the stop. So, the few renovators are not taking money away from the new construction KfW 40 applicants ;-)

It is time for a subsidy that covers 100% of the costs for replacing an oil heating system with an air-to-water heat pump. Otherwise, it still doesn’t really pay off.