How can I save money?
Incentives and Bonuses
In Italy, the installation of high-capacity heat pumps is encouraged through two types of tax incentives:
2026 Incentives
THERMAL ACCOUNT
The Conto Termico 3.0 (Ministerial Decree of August 7, 2025) is a government incentive administered by the GSE designed to improve the energy efficiency of buildings through retrofitting projects and the installation of innovative, high-efficiency systems.
Who is eligible for the Conto Termico program?
The following are eligible for the incentives:
How is the incentive paid out?
The maximum eligible incentive amount: up to 65% for most categories, with full coverage for certain public entities (schools, hospitals, small municipal buildings). Up to 65% for the installation of solar thermal systems or the replacement of generators with heat pumps, hybrid systems, or biomass generators.
The procedure for applying for the incentive requires submitting the application electronically through the GSE portal within 90 days of the completion of the work.
For amounts up to 15,000 euros, the refund is paid in a single lump sum.
For amounts over 15,000 euros, the total is divided into annual installments (2 to 5).
Can it be combined with other incentives?
It may be combined with other non-governmental incentives within the scope of the measures specified therein, such as capital grants, guarantee funds, and revolving funds. It may NOT be combined with the tax deduction of up to 50% or with White Certificates.
The procedure for applying for the incentive requires submitting the application electronically through the GSE portal within 90 days of the completion of the work.
For amounts up to 15,000 euros, the refund is paid in a single lump sum.
For amounts over 15,000 euros, the total is divided into annual installments (2 to 5).
E2Tech
Incentive Amounts
The following table summarizes the financial incentives provided under the Conto Termico program, broken down by climate zone and the power rating of the installed unit.
2026 Incentives
ECOBONUS 2026
The Ecobonus tax incentive consists of a deduction from IRPEF (personal income tax) and IRES (corporate income tax) and is granted when work is performed to improve the energy efficiency of existing buildings.
Who is eligible for the tax deduction?
All taxpayers—whether resident or nonresident, including those with business income—who own, for any reason, the property subject to renovation are eligible for the deduction:
The essential requirement for claiming the tax deduction is that the work be performed on existing real estate units and buildings (or parts of buildings), regardless of their cadastral category, even if rural, including those used for business or professional purposes and those belonging to categories A/1 and A/8, and that they are equipped with a heating system.
How Do I Claim the Tax Deduction?
To qualify for the tax deduction, taxpayers must submit the required documents to ENEA within 90 days of the completion date of the work and make payments via bank transfer.
For the replacement of the winter heating system with:
- High-efficiency heat pump (air-to-water, air-to-air) €30,000
- Hybrid system (condensing boiler + heat pump) €30,000
Tax Deductions Allowed for 2026
With the approval of the 2026 Budget Law, the tax deduction for energy efficiency improvements has been confirmed. The deduction rates have been standardized at 36% for most projects, with an exception for primary residences, where the rate remains at 50%. As for the types of projects eligible for the deduction, all incentives for replacing old generators with condensing gas boilers have been eliminated. These remain eligible for incentives only if they are part of hybrid systems. The deductible amount includes the costs of materials, design, installation, and certifications, and must be divided into 10 equal annual installments.
2025 Incentives
2025 HOME BONUS
As an alternative to tax incentives for energy efficiency, you can opt for the tax deduction for building renovation projects, available through December 31, 2025. As with the Ecobonus, the rates for the Home Bonus have also been differentiated based on whether the work is performed on primary residences — for which the 50% rate remains in effect — or on non-primary residences, which qualify for a reduced rate of 36%. This tax incentive, governed by Article 16-bis of Presidential Decree 917/86, applies to the same types of work and is applicable when expenses are incurred for the renovation of individual residential units of any cadastral category, with a maximum expenditure limit of 96,000 euros.
Who is eligible for the tax deduction?
All taxpayers subject to personal income tax (IRPEF), whether or not they are residents of Italy, are eligible for the tax deduction on renovation expenses. This benefit applies not only to property owners but also to holders of real or personal rights of use over the properties subject to the renovations who bear the related expenses.
Among all the projects for which the tax deduction can be claimed are those carried out to achieve energy savings, with particular emphasis on the installation of systems based on the use of renewable energy sources. Projects involving the replacement of old generators with condensing gas boilers have been excluded from the deduction. These remain eligible for incentives only if they are part of hybrid systems. The system must be installed to serve the residence, even in the absence of construction work per se, provided that documentation certifying the energy savings is submitted.
What types of work qualify for the tax deduction?
At the start of construction, where required, a specific notification must be sent to the relevant local health authority (ASL). Within 90 days of the completion date, an information sheet detailing the work performed must be submitted to ENEA, and all payments must be made by bank transfer.
