Financial benefits: Battery storage funding 2024

The energy transition is progressing and the use of battery storage systems to store renewable energy is becoming increasingly important. In order to promote the expansion of battery storage systems, both the federal government and individual federal states have launched attractive funding programs.

Inhaltsverzeichnis

The most important facts in brief (updated 24.01.2024)

  • In many regions, there are lucrative subsidy programs for solar systems and electricity storage.
  • KfW, a state-owned bank, offers favorable loans for solar systems and storage, but better financing options may exist.
  • The KfW program “Solar power for electric cars” (KfW 442) grants up to 10,200 euros for photovoltaic systems with storage and charging stations, but the funding program has currently been exhausted and it is unclear how to reapply.

 

KfW-270 Promotion for renewable energies

KfW is one of the most important promoters of photovoltaic systems and battery storage with the KfW promotional program 270 “Renewable Energies – Standard” – a low-interest promotional loan for electricity and heat.

What is supported with the 270 promotional loan?

  • Construction, expansion and acquisition of systems for the use of renewable energies, such as battery storage and photovoltaic systems
  • Construction, expansion and acquisition of heat generation plants based on renewable energies
  • Heating/cooling networks and storage systems powered by renewable energies
  • Measures to make electricity demand and supply more flexible

All detailed information and the application process can be found on the KfW website for the KfW 270 promotional program. Who can apply for KfW funding? The KfW 270 promotional program can be used by companies, public institutions and private individuals. One of the requirements: You are only eligible if you feed part of the electricity generated into the public electricity grid. Good to know: A combination of KfW funding and feed-in tariffs or a coupling with other public funding is usually possible.

In addition to federal and state funding opportunities, there are also regional funding programs for individual cities and municipalities.

➡️ TIP: Promotion with charging station – read here

Funding programs in various regions 2024

Hesse: Hessen currently offers companies one of the most attractive funding opportunities. The grant can cover up to 30 percent of eligible expenditure. Find out more about funding in Hesse

Mecklenburg-Western Pomerania: Measures for the direct or indirect reduction of greenhouse gases are funded in Mecklenburg-Vorpommern. The program focuses on measures to increase energy efficiency, save energy and increase the use of renewable energies. Find out more about funding in Mecklenburg-Vorpommern

North Rhine-Westphalia: Through progres.nrw, North Rhine-Westphalia supports the installation of stationary electricity storage systems in conjunction with newly constructed photovoltaic systems. The funding program for charging facilities also supports the expansion of the charging infrastructure for electric vehicles in North Rhine-Westphalia. Find out more about funding in NRW

The contents of this article have been compiled after careful research. Nevertheless, the laws are subject to constant change. Please understand that Voltfang cannot accept any liability for the statements made in this document.

 

Battery storage and heat pump: What subsidies are available for heat pump heating systems?

Heat pumps and battery storage systems are an efficient combination: they enable a continuous heat supply, store excess heat for later and can therefore save energy and extend the service life of the heat pump. You can also save on your investment by taking advantage of the heat pump subsidy from the Federal Office of Economics and Export Control (BAFA):

  • 25 % heat pump subsidy from BAFA, maximum € 60,000 per residential unit and calendar year
  • 5 % bonus for special efficiency of the system (tapping water, soil or waste water as a heat source)
  • 5 % bonus for natural refrigerants (cannot be combined with the efficiency bonus)
  • 10 % heating replacement bonus from BAFA

This means that a total subsidy of 40 % is possible for the heat pump.

Exploit all funding opportunities for your renewable energies! The subsidies available for photovoltaics, battery storage and other associated renewable energy technologies in Germany are varied and not always easy to understand. When planning your photovoltaic system, you should therefore inform yourself in detail about the funding guidelines in your region in order to take advantage of all the possibilities. Also consider whether it is worth investing in other technologies. For example, in many places there are subsidies for private wallboxes in combination with a battery storage system.

Applying for funding: 4 important tips for companies

Tip 1: Knowledge of the funding guidelines: It is important to familiarize yourself thoroughly with the funding guidelines. If anything is unclear, it can be helpful to seek advice from experts, such as our team at Voltfang.

Tip 2: Time management: The processing time for funding applications can take several months due to the high demand. It is therefore advisable to take this into account when planning.

Tip 3: Payment conditions: The subsidy amount is often only paid out after the photovoltaic system has been installed and proof of the corresponding invoices has been provided. It is important to fulfill these conditions.

Tip 4: Combination of funding programs: It can be advantageous to check whether a combination of several funding programs is possible. For example, the KfW 270 solar loan can often be combined with regional funding programs.

With these tips, you should be able to successfully apply for funding for your photovoltaic and electricity storage project. Good luck!

 

Wollen Sie die Förderung erhalten?

Nutzen Sie die Förderung für Stromspeicher in Sachsen-Anhalt, um Ihre Betriebskosten zu senken und in eine effiziente Energiezukunft zu investieren. Lassen Sie uns Ihr Projekt gemeinsam angehen.

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