Milan earmarks €20m for upgrading central heating

Oil-fired heating to be outlawed in Milan by October 2023.

As the deadline for the total ban on oil-fired central heating – set for October 2023 – approaches, Milan’s city hall is offering €20 million in funds to encourage substitution with methane-powered boilers and other ecologically positive upgrades such as heat pumps or solar panels.

Fumes from the oil-fired burners account for more than half of the city’s atmospheric pollution, which regularly triggers road traffic restrictions and has become a serious health hazard. It also accounts for 26 per cent of the PM10 micro-particles in the air (vehicles emit a further 44 per cent), as well as a high level of CO2 deposits.

Milan is determined to combat this deadly pollution, and is offering to fund between 5 and 20 per cent of the cost of upgrading heating systems over this year and the next, according to which type is chosen. Not only this: residents carrying out the upgrade will be able to save up to 60 per cent of the total cost by enjoying financial aid provided by central government, including tax rebates.

City hall estimates that around 3,500 oil-fired systems will need to be dismantled and replaced by 2023.  And apart from the new boilers, other steps to improve a building’s ecological footprint will also qualify for funding, such as thermal insulation, the replacement of leaky windows, and more.

The municipal offices are now at work to recruit banks and financial operators ready to offer dedicated advice and services to distribute the funding. Home owners and condominium committee chairs can find out more and apply for financial aid at the city’s energy office “Sportello Energia” in Corso Buenos Aires at the corner of Via Giovanni Omboni.

This new fund comes in addition to the recent €1.6m offer for the same purpose, and the 2.6m fund for financing micro-particle filters on diesel-powered vehicles.