European Structural and Investment Funds and Energy Performance Contracting – new fi-compass report published

A new fi-compass report has been published highlighting the potential for European Structural and Investment Funds (ESIF) to support the growth of Energy Performance Contracting in Member States. Energy Performance Contracts (EPCs) are contractual arrangements typically between a building owner and an energy service company (‘ESCO’), where the ESCO invests in energy efficiency measures and guarantees energy savings over the duration of the contract. By linking compensation to the performance of the implemented projects, the client pays for actual savings and not for the investment. This report describes the key features of EPC, its advantages and how ESIF financial instruments can help upscale the EPC market in the future.