Certus Cost Eff TYPES OF EPC CONTRACT AND EPC MARKET IN THE SOUTHERN EUROPEAN COUNTRIES
SUMMARY OF THE EPC CONTRACT MOSTLY USED IN THE CERTUS PROJECT PARTNERS COUNTRIES
TYPE OF EPC CONTRACT ITALY PORTUGAL GREECE SPAIN
GARANTEED SAVINGS (1) X X X X
FIRST IN (1) X
FIRST OUT (1) X
SHARED SAVINGS) (1) X X X X
BUILD-OWN-OPERATE & TRANSFER (BOOT) (1) X X
EPC MARKET

The EPC contract is considered a key tool for achieving the goals of efficiency, especially for the public administration at a time of financial crises; however these standards were implemented by member states with measures of limited effectiveness that has not in fact facilitated the use.

The EPC contract essentially is a tool that involves all parties to achieve a single objective which is the energy savings, through a fair distribution of the savings, the technical and financial risks and investments. Therefore it is a very flexible contract that can be adjusted among the parties (customer/ESCo/Third funding).

In Greece two models of contract has been published: Garanteed Savings and Shared Savings but for both of them there is no obligation to use for the public sector.

In Portugal a model contract for the public administration, similar to the Shared Savings, has been published: the ESCO assumes all risks associated with the project and the Public Administration has a share of the guaranteed savings. This model is available to the link:

https://dre.pt/application/dir/pdf2sdip/2013/02/025000000/0551605530.pdf

In Italy, only the «Energy Service Plus» contract has been published: this contract applies only to interventions for thermal energy saving, where the ESCo finances the measures, manages facilities, supplies the primary energy and a reduction of at least 10% of energy consumption has guaranteed to the customer. There is no obligation to use for the public sector. This model is available to the following link (in Italian):

http://www.mi.camcom.it/c/document_library/get_file?uuid=6e85da6a-1d88-4031-93ca370256691533&groupId=10157

In Spain, IDEA, a government institute related to energy efficiency, has drafted an agreement model for energy services including maintenance for public buildings. This model is available to the following link (in Spanish):

http://www.idae.es/uploads/documentos/documentos_10704_Propuesta_modelo_contrato_serv_energ_07_32458412.pdf