The Hungarian government is preparing a multi-year program to improve the energy efficiency of single-family homes and condominiums as part of its 2027 budget.
Hungary’s Ministry of Economy and Energy, István Kapitány, announced last week a HUF 600 billion ($1.83 billion) budget to support the renovation of 15,000 single-family homes and 15,000 condominiums annually, reaching up to 120,000 families by the end of the decade.
The program would offer beneficiaries non-refundable grants and interest-subsidised loans to cover up to 95% of eligible costs. Single-family homes would be eligible to receive up to HUF 15.5 million ($47,273), while condominiums could receive a maximum HUF 5.2 million ($15,860).
Analysis published by the Hungarian Solar Cell Solar Collector Association (MNNSZ) lists nine eligible activities under the program, including the installation of a solar PV system. The association explains gross billing will apply to new solar PV connections, so using the electricity on site, such as with a heat pump or storage systems, will improve the return on investment.
Heat pump installations are also covered by the proposed package, alongside connection to district heating systems. Other building retrofits including insulation, modern lighting and replacing windows and doors.
Kapitány added the total HUF 600 billion budget could bring at least HUF 1,100 billion ($3.35 million) of orders to the construction industry.
Detailed conditions for the program, including full eligibility and implementation details, are yet to be published. MNNSZ says the launch of the program depends on the adoption of the proposed budget and the plans still under negotiation. It adds the procedure for implementation will be determined by later legislation and a call for applications.
Plans to modernise Hungary’s single-family homes and condominiums form part of a wider package of energy development measures worth HUF 868 billion ($2.65 billion) which also includes plans for network development, wind and geothermal energy, modern metering and energy storage.
MNNSZ says HUF 100 billion ($305 million) worth of EU funds would be allocated to strengthen the electricity grid in 2027 under the proposals, while it is planned to build 3 GW of energy storage capacity by 2030. Hungary’s Prime Minister, Péter Magyar, said the government would provide non-refundable support to 57,000 households to install their own energy storage systems.
Hungary added 1.1 GW of solar last year, taking cumulative capacity to over 8.3 GW.
Earlier this year, the government launched a residential grant scheme for battery storage systems, offering up to HUF 2.5 million ($7,820) per household. It recently extended the deadline for completing projects under its EU-funded residential solar program to the end of this month following a series of delays.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].
Comments
Please login to comment
Wednesday, October 28, 2026
7:00 pm – 8:00 pm CEST, Berlin, Paris, Madrid
Thursday, October 29, 2026
11:00 am – 12:00 pm CEST, Berlin, Paris, Madrid
Monday, November 2, 2026
4:00 pm – 5:00 pm CEST, Berlin, Paris, Madrid
Missed pv magazine USA Week 2026?
Catch up on three days of expert discussions on U.S. solar manufacturing, distributed energy, and solar-plus-storage.
Thursday, November 5, 2026
10:00 am – 11:00 pm CEST, Berlin, Paris, Madrid
Monday, November 23, 2026
11:00 am – 12:00 pm CEST, Berlin, Paris, Madrid
The new issue of pv magazine Global is out now!
Available in print and digital – get your copy today!
pv magazine hosts its four-day virtual event on European solar and energy storage, exploring market opportunities, solar-plus-storage business cases, technical quality, and cybersecurity in the years ahead.
You have no items in your basket.
