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March 25, 2026Tecnocem

Conto Termico 3.0 blocked: the four reasons behind the GSE suspension

The portal has been closed since March 3, 2026. It's not a technical problem, not an administrative error. It's the consequence of four structural choices that, combined, produced an exhaustion of the budget in 33 days.

The Energy Services Manager (GSE) stopped the Portaltermico 3.0 on March 3, 2026 with an official note: temporary suspension, as a precautionary measure, to allow verification procedures on applications already submitted. No reopening date. The immediate reason is clear: in 33 days since the portal opened, requests for approximately 1.3 billion euros had arrived, against an annual budget of 900 million set by Ministerial Decree of August 7, 2025.

But the real "why" isn't in the number of applications. It's in the architecture of the instrument, which contained four structural elements destined to produce this result.

  • 33 days of portal open before suspension
  • €900M annual budget available (M.D. 7/8/2025)
  • €1.3B value of applications submitted
  • 85% of applications from municipalities under 15,000 inhabitants

In summary: the blocking of Conto Termico 3.0 is not bad news about the instrument's merit — it's confirmation that the instrument was very advantageous. The problem was structural: limited resources, chronological access, immediate liquid contribution, and a budget calibrated on the past. A combination that could only produce rapid saturation.

What can happen now

The GSE is verifying the admissibility of applications already submitted. If some turn out to be irregular — due to insufficient documentation, formal defects, or exceeding individual caps — the residual capacity could be greater than it appears today, and the portal could reopen during 2026.

There are also two more structural hypotheses on the table: a refinancing of the measure by the Government (the 900 million was underestimated compared to actual demand, as also acknowledged by Vice Minister Gava), or a revision of access rules to prevent the public administration quota from monopolizing the budget in the first hours of opening.

For condominium administrators: the suspension is temporary. The right time to prepare is now — assembly resolution, energy diagnosis, technical project. Those who arrive ready when the portal reopens have concrete chances of accessing the incentive. Those who wait for the reopening to start evaluating will likely find themselves in the same situation as those who missed the February window.

Eligible interventions for private condominiums

It's worth stating clearly, because in the communication about the block, the substance of the instrument has been lost from view. For private entities, Conto Termico 3.0 primarily incentivizes the production of thermal energy from renewable sources and high-efficiency systems: Replacement of air conditioning systems with electric heat pumps (including hybrid systems with condensing boilers), installation of solar thermal and heat pump water heaters for common areas, certified biomass boilers, and photovoltaic systems with storage combined with the replacement of the thermal system with heat pumps. The contribution covers up to 65% of eligible expenses for private entities, paid directly as a capital grant.