Hungary proposes 1.83 billion dollar home solar and heat pump scheme covering up to 95% of costs
By Eve
Hungary is preparing a multi-year programme worth 600 billion forints (1.83 billion dollars) to fund rooftop solar and heat pump installations in homes, with grants and subsidised loans covering up to 95% of project costs. The scheme targets 15,000 single-family homes and 15,000 condominiums annually, potentially reaching 120,000 families by the end of the decade, according to PV Magazine. István Kapitány of Hungary's Ministry of Economy and Energy confirmed the package is being assembled within the country's 2027 budget.
Why it matters
Large scale residential heat pump and solar rollouts create indirect demand for home EV chargers, as households electrifying heating often add vehicle charging in the same upgrade cycle. The scheme's scale and high subsidy rate may also signal policy appetite for similar support structures in transport electrification.
Source
- Original title
- “Hungary plans grants and loans covering up to 95% of home solar and heat pump upgrade costs”
- Published
- 29 October 2026
- Updated
- 30 October 2026
In this story
- Topic
- Grid & Energy
- Place
- Hungary
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