Preferential Loans
  • CategoryIncentive measures

The Azerbaijan Energy Regulatory Agency provides preferential loans to individuals and legal entities from the Energy Efficiency Fund through authorized credit organizations, with an annual interest rate of up to 5%, for the implementation of measures stipulated in the Law of the Republic of Azerbaijan “On Efficient Use of Energy Resources and Energy Efficiency”, dated July 9, 2021, No. 359-VIQ.

Areas financed through preferential loans:

  • support for the implementation of energy efficiency measures and state programs;
  • application of the energy management system;
  • implementation of smart meters and systems;
  • implementation of cogeneration and high-efficiency cogeneration plants;
  • utilization of renewable energy sources.

Terms for preferential loans:

Loan Type
Amount (AZN)
Term
Grace Period
Small-scale loans 1 000 – 50 000 Up to 5 years 6 months
Medium-scale loans 50 001 – 1 000 000 Up to 10 years 12 months
Large-scale loans 1 000 001 – 10 000 000 Up to 15 years 24 months