TERMO Programme

TERMO Programme — Grant

Supports non repayable grants and bonuses for building thermo modernisation renovation and renewable energy installations in Poland.

The TERMO Programme is a multi-product energy-efficiency scheme operated by Bank Gospodarstwa Krajowego (BGK), Poland's state development bank, under legal authority of the Act of 21 November 2008 on supporting thermo-modernisation and renovation. It supports thermal upgrades, building renovation, renewable energy system installations, and multi-family housing improvements across Poland. Funding comes from four sources: the state budget (managed by the Minister of Development and Technology), EU structural funds, the Polish Development Fund (PFR), and the National Recovery Plan (KPO/RRF, NextGenerationEU). Eligible applicants include housing communities and associations, social housing associations, local government bodies, private individuals, and micro, small and medium enterprises.

TERMO encompasses five distinct products. The thermo-modernisation bonus (premia termomodernizacyjna), refurbishment bonus, and MHS bonus operate as partial repayments on qualifying bank loans — applicants must first secure an eligible bank loan, after which BGK pays the bonus as a credit against that loan. The RES grant (dotacja/grant) is a direct non-repayable subsidy for renewable energy system installations that does not require a bank loan in place. An optional thermo-modernisation grant supplements the bonus track for certain applicants. A compensation bonus is also available for specific categories. Award amounts, scoring criteria, and the application portal are documented in Polish-language BGK materials; amounts and pool size are not published on the English-language BGK site.

The programme operates under a continuous (rolling) submission window. Because the bonus tracks require an existing qualifying bank loan, applicants typically arrange bank financing before applying to BGK for the bonus component. The RES grant track follows a standalone application route. Given the mixed nature of the programme — part financial instrument (bonuses tied to loans), part direct grant (RES grant) — applicants should identify which product track fits their project before beginning the application process.