EBP Schweiz AG has proven long-term experience in the renewable energy and energy efficiency fields within the building sector. EBP Chile is linked very closely with major local stakeholders from industry and national authorities. The Swiss know how for microfinancing is ensured by the company Kalyta Partners LLC.
At least three energy services are being developed and tested with the aim of improving the energy supply to poor and disadvantaged households by using renewable energy and increasing energy efficiency. Local energy companies are involved. A loan model is being developed in cooperation with financing institutions. It enables low-income families to access these energy services despite modest initial investments. The loans are to be repaid from the savings made on energy costs.
By the end of 2020, the selected energy services have been implemented, monitoring has begun and the technical training documents have been finalised. In 2021, the measures put in place have been analysed, information workshops have been organised, the project has been disseminated via various channels and multiplication has been prepared with the relevant stakeholders, such as energy service providers, financing institutions or the authorities. The project is attracting a great deal of interest at all levels. The Energy Inclusion Program was a finalist for the AVONNI 2021 prize, a Chilean national award for innovation.
The project was completed by the end of 2022. Final administrative work will take place in 2023 to formally conclude the project.