How to apply for a roof insulation subsidy

Principle and conditions

Aid may be granted to owners who wish to carry out energy-saving work by insulating flat roofs, unconverted loft space or pitched roofs in their building(s) located in Monaco.

This aid is applicable to the installation of thermal insulation (including the cost of supply), as well as the work involved (work that is inseparably linked to and necessary for the installation of thermal insulation in accordance with best industry practice and/or to ensure the intrinsic performance of the materials).

The buildings concerned must have been completed at least 10 years ago at the time of the application.

Applications may be made by:

• The owner in his or her own name
• An agent for undivided joint ownership, in the case of multiple ownership
• A legal entity as owner
• The entire condominium, which may be made up of private or public owners, through its managing agent, or its representative, in the absence of a condominium managing agent

Aid is granted, in principle, on the basis of an application file.

Basic amount

The amount is fixed, per building, at 35% of the cost of the works, including all taxes, up to a limit of EUR 50,000.

The total amount allocated to the same beneficial owner, as set out in Act  no. 1.381 of 29 June 2011 pertaining to registration duties which are payable on transfers of property assets and rights, may not exceed €120,000, regardless of the number of applications.

Bonus

When a construction company established in the Principality of Monaco is used to carry out the insulation work, bonuses of 5% of the cost of the subsidised work, including all taxes, and EUR 10,000 with regard to the maximum amount, will be added to the basic amount.

Deduction

When the insulation used is of fossil-based or mineral origin, reductions of 10% of the cost, including all taxes, of the subsidised work and of EUR 15,000 with regard to the maximum amount, will be deducted from the subsidy.

This refers to mineral wool, rock wool, polystyrene, etc.

The above-mentioned reductions and bonuses can be cumulated.

It should be noted that the work, to be completed and invoiced before 31 December 2021, must be carried out exclusively by a company established in the Principality of Monaco.  This company may take the place of the applicant in the administrative procedures, so as to receive the grant directly, and deduct these sums from the total amount to be paid by the beneficiary.

From 1 January 2022, the work may also be carried out by a foreign company holding "RGE" green certification awarded by the QUALIBAT organisation, or equivalent.

Technical characteristics of the insulation

The insulation must comply with the following characteristics:

To obtain the form for requesting the subsidy, you can:

• Download it here:
  Demande de subvention : Isolation des toitures (389-0028_01-2021)

  PDF482.8 kB
• Collect it from Department of the Environment

The application file must contain the following documents:

• A certificate of ownership or a copy of power of attorney in the case of representation by a proxy
• For condominiums, a copy of the proceedings of the general meeting at which the work was approved, mentioning the agent appointed to represent the co-owners
• A certificate specifying the principal beneficial owner(s) of the legal entity that owns the property, where the property is not owned by a natural person, or by the joint ownership of natural persons
• A bank account details
• A detailed invoice drawn up by the professional who carried out the work, stating:
  • The address of the building in which the insulation work has been carried out
  • The thickness and thermal conductivity (in watts per metre-Kelvin) of the insulation installed
  • Photos taken before and after the work
• In the event that the subsidy is claimed by the company that carried out the work:
  • A mandate signed by the owner authorising the company to carry out the administrative procedures on his or her behalf and collect the subsidy directly
  • The total amount before the subsidy, the amount of the subsidy and the net amount must be indicated on a detailed invoice, which must be signed by the beneficiary

The Department of the Environment may request any additional document it considers necessary for the examination of the application from the beneficiary referred to in Section I of this article.

Applications for the subsidy must be made to the Department of the Environment.

Payment of the aid is subject to approval of this file.

For any further information, please contact the Department of the Environment by email environnement@gouv.mc or by phone (+377) 98 98 83 41.