What if now was the best time for your renovation project?

It's often said that renovation can wait. However, there are several reasons why now is a particularly good time to undertake renovation work in Luxembourg.

Wondering when to renovate? Between historic subsidies, future legal obligations and costs that are still affordable, here's why it's probably the right time. the best time to launch your project (calculate your subsidies here).

1. Subsidies at an all-time high

The Luxembourg government strongly encourages energy renovation initiatives through various subsidy programmes.

The "Klimabonus" programme is particularly noteworthy, offering subsidies of up to 62.5% for energy improvement measures. This exceptional aid is an unprecedented ceiling, and it is uncertain how long this opportunity will last.

Details of grants

• Klimabonus : This programme covers a wide range of work, including the installation of heat pumps, solar panels, energy-efficient windows, insulated roofs and advanced ventilation systems.
• Enoprimes : In addition to the Klimabonus, electricity suppliers in Luxembourg offer additional subsidies for various energy renovation projects.
• Municipal subsidies : Some local authorities also offer grants to encourage green renovations, further increasing the financial incentives.

On certain measures, by combining all these aids, you can even reach 70% to 80% of public funding. There couldn't be a better time to renovate! Calculate all the grants you could be entitled to at this simulator.

Eligibility

Eligible measures include :

• Heat pumps These energy-efficient heating systems use renewable energy to heat your home, reducing your carbon footprint.
• Solar panels : Installing photovoltaic panels allows you to produce your own electricity and reduce your energy bills.
• Windows and insulation Replacing windows and improving insulation can significantly reduce heat loss, improving your home's energy efficiency.
• Roofs and ventilation Good roof insulation and efficient ventilation systems also contribute to better energy performance.

2. Energy renovation will soon be a legal obligation

In the near future, Luxembourg regulations could follow the example of several other European countries by imposing stricter energy standards for housing.

This means that properties with poor energy performance could be banned from lettingThis is already the case in several European countries. This is already the case in several European countries. It's only a matter of time before Luxembourg follows suit.

Legal implications

• Prohibition on rental Properties that do not meet minimum energy standards could be withdrawn from the rental market, affecting owners' incomes.
• Increased costs The main point is that once these laws are in place, demand for energy renovation services will increase, which will lead to higher prices. Homeowners who act now can avoid these additional costs.

So, from a regulatory point of view, we also believe that this is the best time to renovate in Luxembourg.

3. Renovation work is (still) affordable

Although demand for energy renovation work is on the rise, it is still moderate. This means that prices are currently more attractive than they are likely to be in the near future. So now is the best time to get your work done.

Cost of work

• Price trends With the impending legal obligation and incentive grants, it is expected that renovation companies will increase their rates to meet growing demand. At present, rates remain relatively stable and competitive.
• Take advantage of current rates By starting your renovation project now, you can benefit from current rates before they rise due to increased demand.

Examples of renovation projects

Here are some concrete examples of successful energy renovation projects that illustrate the benefits of starting now:

Example 1: Installation of solar panels and heat pump

• Project A family in Luxembourg has installed photovoltaic solar panels and a heat pump.
• Total cost : 34 000 €
• Grants : Thanks to the Klimabonus and Enoprimes grants, they received €23,500 in subsidies, reducing the net cost to €10,500.
• Annual savings Energy bills cut by €3,500 a year, enabling the initial investment to be recouped in just 3 years.

Example 2: Complete renovation of a house with insulation and new windows

• Project Complete renovation including insulation of walls and roof, and replacement of windows.
• Total cost : 97 000 €
• Grants 31,250 received via Klimabonus and municipal grants.
• Annual savings Reduction in heating costs of €2,800 per year, and an increase of 12% in the price of the house.

Conclusion: the best time to renovate

Don't miss this opportunity to make your home more eco-responsible while taking advantage of subsidies and attractive rates. Start your renovation project now, you can make significant savingsIncrease the value of your property and comply with future legal requirements ahead of time!