‘Energy fund assistance to cover 30-50% of cost of renewable energy systems at households’

AMMAN — The Jordan Renewable Energy and Energy Efficiency Fund will start offering citizens assistance covering 30 to 50 per cent of the cost of installing renewable energy and energy-efficient systems at their households, Director Rasmi Hamzeh said on Tuesday.

He added that the remainder of the cost will be paid through different financers, the Jordan News Agency, Petra, reported.

Implementation of the project will cover all of the Kingdom’s governorates, through different institutions, such as the Economic and Social Association of Retired Servicemen and Veterans, electricity distribution companies, commercial banks and local associations, Hamzeh said.

The director noted that the project aims at lowering energy consumption and encouraging investments in renewables, as well as increasing the use of solar heaters in the Kingdom to reach 25 per cent in 2020, under a programme to support households.

The fund’s strategy targets installing 200,000 solar heaters, 100,000 photovoltaic systems and 1 million energy saving lighting units in houses across the Kingdom, Hamzeh highlighted.

He also noted that the fund’s programmes focus on subscribers benefitting from subsidies, whose consumption is less than 600 kilowatts per month.

Focusing on households aims at increasing their dependence on renewable energy as a sustainable source for power and to reduce the cost of subsidy presented by the government, Hamzeh said, adding that the programme also seeks to increase the usage of energy saving tools.