Practitioner’s Guide on Energy Performance Contracts
Eurostat, the Statistical Office of the European Commission, and the European Investment Bank (EIB) launched a new Practitioner’s Guide on the Statistical Treatment of Energy Performance Contracts. The Guide follows the Eurostat Guidance note on the revised treatment of Energy Performance Contracts in government accounts, issued in September 2017, and explains its practical application, making use of technical assistance resources from the European Investment Advisory Hub (EIAH). The guide is available here.
The Guide explains in detail how Energy Performance Contracts work and gives a clear overview of the potential impact on government finances. This helps Member States and other stakeholders to better understand the impact that the different features of these contracts have on the classification of the investment undertaken, on or off government balance sheet, and will assist public authorities in taking better-informed decisions when preparing and procuring their EPCs. This Guide is also a helpful tool to provide clarity to public and private promoters in the context of the Investment Plan and remove perceived barriers to investment.