KfW 442 Promotion 2023
The KfW subsidy or grant 442 is aimed at owners of owner-occupied residential buildings with their own electric car. This funding program officially came into force on September 26, 2023.
For better e-mobility and use of environmentally friendly energy sources (Photovoltaic), grants are up to 10.200 Euro possible. The demand for this was so great that all funding for 2023 has already been officially exhausted.
Over 33,000 applications have already been approved for the purchase and connection of charging station, photovoltaic system and solar power storage.For 2024, the Kreditanstalt für Wiederaufbau plans to make another 200 million available for new applications.
So plan your project in good time if you would also like to benefit from the subsidy.
Grant up to 10,200 euros
The purchase or installation of a PV or solar system with storage and a wallbox is subsidized by the state with up to 10,200 euros. The aim is for you to charge and drive your electric car with climate-friendly solar power that you generate yourself.
Composition
The maximum grant of 10,200 euros for your electromobility, is made up as follows:
- Charging station / wallbox
600 € flat rate and 1,200 € for bidirectional charging capability (current can flow in both directions) - Photovoltaic system / solar system
600 € per kWp and maximum 6.000 €
- Solar power storage / battery storage
250 € per kWh of usable storage capacity / maximum 3,000 €
You will receive the maximum KfW grant of 10,200€ by direct transfer to your account. If the costs of your project fall below this amount, no application for funding is possible. Furthermore, this grant cannot be combined with other grants.
Requirements
The subsidized measures are essentially limited to brand-new acquisition, installation, installation and connection of charging stations (Wallboxes), PV systems and electricity storage (batteries). The points or measures are clearly defined:
- Purchase of a new charging station with at least 11kW charging power
- Acquisition of a new PV system with a peak power of at least 5 kWp
- Purchase of a new electricity storage system with a peak output of 5 kWp or more
- Installation as well as connection of the entire system, including all installation work
- Energy management system for optimized control of the entire plant
Your advantage: If you drive an electric car, WWS Energy Solutions will provide you with all the necessary components (to the store) as well as craftsmen to meet the KfW requirements!
KfW funding 2024 in 3 steps
If you have received KfW approval as of March 2024, you can order charging stations, photovoltaic systems and storage units and commission the installation. Among other things, you will need proof of identity (ideally a Schufa identity check). Otherwise, the following 3 steps apply:
- Grant Application
You apply for your grant before the start of your project in the KfW-Customer portal. Then select the product "Solar power for electric cars" (442). When submitting the application, take into account that the information (output of the photovoltaic system / storage capacity of the solar power storage unit) can no longer be increased after the application has been submitted in the "My KfW" customer portal. - Implement project
Once KfW has given its binding approval, you can start your project immediately. - Confirm grant payment
For the payment of your grant, you confirm the proper implementation of your project in the "My KfW" customer portal. For this, you will need all invoices for the eligible costs and services of your specialist companies. In addition, proof of your electric car (e.g. registration, 12-month existing leasing contract) may be required.
Therefore 442 Solar power for electric cars
The KfW subsidy (442 Solar Power for Electric Cars) is an exciting way to promote environmentally friendly mobility, as well as expansion of renewable energies. With generous subsidies for charging stations, photovoltaic systems and solar power storage, owners of owner-occupied residential buildings can reduce their ecological footprint and achieve significant financial benefits at the same time.
Despite minor weaknesses in the support measures (e.g. only for homeowners), it is an important step in the right direction. The future is undoubtedly power generation and e-mobility from environmentally friendly energy sources. The fact that all applications for funding have already been awarded for 2023 shows the great willingness of the population to support this path. We at WWS Energysolutions will gladly help you to successfully implement your project. Simply ask us and contact us now!
