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The 110% superbonus flop, that’s what’s happening

Only 670 million euros used against the almost 19 billion of resources allocated to finance it. These are the data that testify to a real flop for the superbonus 110%, one of the measures on which the greatest emphasis was placed to relaunch the construction sector in our country but which, since it came into force, has given results that are not encouraged at all.

To date, out of 18.7 billion dedicated to the measure, only 670 million have actually been requested for the construction site (with a total cost of 710 million). Yet the bonus seemed to be really interesting, considering that it was able to please all the actors involved: the owner who could have energy and seismic efficiency work carried out in his home (or, as regards condominiums, in the common areas) , practically at no cost; the company that could reactivate construction sites in a moment of severe crisis due to the effects of the advance of the Covid-19 pandemic; the banks or insurance companies they financed in toto the jobs by taking that 10 percent of 110% in excess of the actual cost of the jobs.

With this measure, for interventions specific to be carried out in the time frame from 1 July 2020 to 31 December 2021, it is possible to start interventions in the field of energy efficiency, anti-seismic interventions, installation of photovoltaic systems or infrastructures for recharging electric vehicles in buildings.

All perfect, yet for the bonus the results are really negative, amounting to less than 5% of the resources actually allocated; then there is to understand the reasons that, of course, can be found in too much bureaucracy for the request and put in place the work.

At present, according to statistics, only 6,512 interventions have been started, of which more than a third are located in Veneto, Lombardy and Emilia-Romagna. In addition, less than 10% of the planned interventions (about 530 construction sites) have been started in condominiums which, given the difficulties of “internal democracy”, would require a more simplified approach, with less constraints and delays in relation to the initial and more useful technical designs. to shareholders’ meeting decisions.

And so many companies have already decided to give up this type of work, while many others remain uncertain that the infamous extension to 2023 comes in the defined version of the Recovery Plan to be sent by the European Union by 30 April 2021.

Among the banks of the majority, as anticipated in another article de IlGiornale.It, we are starting to think of changes to be made to the 110% super bonus with the introduction of a single rate which appears to be 75%.

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