|Policy status:||In Force|
|Date Effective:||2012 (March)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Loans|
|Renewable Energy Policy Targets:||Solar Thermal, Solar heat|
|Policy Sector:||Heating and Cooling|
|Size of Plant Targeted:||Large|
|Agency:||Ministry of Industry, Energy and Mining, UTE, BHU, URSEA (Regulatory Agency for Energy and Water Services)|
|Legal References:||Executive Branch Decree N° 50/012|
|Funding:||Public Mortgage Bank|
|Renewable Energy Description:|
The objective of the plan is to stimulate the incorporation of solar thermal panels in Uruguayan houses to heat water and decrease electricity consumption. In order to achieve its objective, the plan aims to address two main hurdles: high initial investment costs and the unfamiliarity of the benefits of renewable energy.
The activities under the plan are as follows:
UTE justified its subsidy as a commercial decision based on avoided investment costs.
|Related policies:||National Energy Policy|
Last modified: Thu, 21 Apr 2016 12:35:10 CEST