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Tunisia National Agency for Energy Conservation

Tunisia: Government Extends PROSOL Support Scheme

Submitted by Baerbel Epp on March 19, 2013

Tunisia’s government has extended the incentive and low-interest loan scheme PROSOL to 2016. The latest contract between the Tunisian Company of Electricity and Gas, STEG, and the Tunisian Attijari Bank ensures loan repayment for solar water heater purchases between 2012 and 2016. It grants users of solar water heaters five years to pay back the loan through their monthly STEG electricity bill. The electricity bill payment is the key success factor of the financial scheme PROSOL, because it is a fairly reliable way of refinancing the thousands of loans. The chart above shows the residential collector area which profited from PROSOL subsidies and loans each year.
Figure: ANME

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