Key Information
- Managed by Gestore dei Servizi Energetici (GSE)
- Incentives for heating system upgrades and renewable thermal installations in existing Italian buildings
- €1 billion allocated to businesses
- Performance-based funding
- 25–45% direct cash incentives instead of tax credits
- Digital application platform live from February 2026
Why it Matters
Conto Termico 3.0 turns decarbonisation into a bankable upgrade strategy.
For eligible projects, it can:
- Cover roughly 25–45% of costs (with premia up to ~65%)
- Lower upfront capex and boost returns
- Shorten payback periods
- Support EU and national compliance
- Speed up the phase-out of fossil-fuel heating
This is particularly relevant for assets with aging boilers or planned repositioning strategies.
What Projects Qualify
If you are planning any of the following upgrades in 2026–2027, the project may qualify:
Titolo II
Titolo III
Project Requirements
- Performance-based funding
- Pre- and post-intervention APE required≥10% reduction in primary energy demand≥20% reduction if measures combined (only for Titolo II measures)
- Energy audit mandatory if heating >200 kW or whole-building intervention
- Up to 50% of eligible audit costs may also be reimbursed (subject to caps)
Who Should Act Now
Owners and investors with assets reliant on gas heating, portfolios targeting ESG-driven upgrades, or properties approaching boiler replacement cycles should act now. This is also highly relevant for funds preparing refinancing or repositioning strategies and for core+ and value-add investors seeking to integrate decarbonisation while improving asset performance.
GreenGen Can Help
GreenGen integrates Conto Termico 3.0 into:
- Capex planning
- Decarbonisation roadmaps
- Energy audits & APE coordination
- Financial screening & incentive modelling
- Application management
Next Steps
Ready to explore how Conto Termico 3.0 can benefit your real estate investments?
Contact GreenGen today for a free consultation. Let us help you navigate the program, optimise your project, and maximise available incentives.