ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/CompaniesArticle

Swiss energy retrofit funding falls slightly in 2024, BFE reports

Federal and cantonal subsidies for building energy upgrades declined to 516.4 million francs last year, though demand remains elevated and future commitments total 522 million francs for 2025.

HV
Helena Vásquez · Business Desk · 29 Aug 2026 · 08:25 · 1 min read
Share
Swiss energy retrofit funding falls slightly in 2024, BFE reports

Federal subsidies for energy-efficient building retrofits in Switzerland totaled 516.4 million Swiss francs in 2024, a slight decrease from the 528 million francs disbursed in 2023, the Federal Office of Energy (BFE) said on Tuesday.

Demand for funding remains high despite the modest reduction, the BFE noted. The majority of disbursements supported technical building systems and thermal insulation upgrades. For 2025, committed measures are projected to deliver cumulative energy savings of 12.1 billion kilowatt-hours and reduce carbon emissions by 3.3 million tons over their operational lifetimes.

The highest efficiency gains per franc of subsidy were achieved through heating system replacements and district heating solutions, according to the BFE. New commitments for energy retrofits in 2025 amounted to 522 million francs, with cantons reserving funds upon verified eligibility. Disbursements occur progressively as projects advance.

An additional incentive program, established under the Climate and Innovation Act, supported the replacement of fossil-fuel and electric heating systems as well as broader renovations in 2025. Of the 4.8 billion francs allocated for the program’s first year, 90% was allocated to nearly 4,350 approved projects.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT