Eurostat, the Statistical Office of the European Commission, and the European Investment Bank (EIB) have launched a new Practitioner’s Guide on the Statistical Treatment of Energy Performance Contracts, the European Commission has said.
Launched on May 8, the Guide explains in detail how these contracts work while providing a clear overview of the potential impact on government finances. This will assist public authorities in making better-informed decisions when preparing and procuring their EPCs.
Marianne Thyssen, the commissioner responsible for Eurostat, hailed the launching of a new guide that clarifies how investments in energy efficient infrastructure should be statistically treated.
“This will help all stakeholders involved in commissioning, financing and undertaking energy performance contracts. This is a win-win for public authorities and private stakeholders, with a clear understanding of the impact on the national budget,” she said.
Energy and Climate Action Commissioner Miguel Arias Cañete said the guide makes it easier for schools, hospitals, and other public buildings – which make up more than 10% of the overall EU building stock – to invest in improving their energy efficiency. “Energy efficiency measures are also an important means to combat energy poverty, which this Commission aims at tackling at its root,” said Cañete.
The Guide is also a helpful tool to provide clarity for public and private promoters in the context of an investment plan and removes perceived barriers to investment, the Commission said, adding that 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.