Wednesday, August 5, 2015

About Ukraine's recent energy efficiency reforms

Package of the so-called energy modernization laws in effect since May 9 allows energy service companies to invest into reconstruction of municipal energy utilities under energy service contracts and obtain 80 percent profit from savings in 10 years, while the rest goes to state budget.
With the implementation of these laws, it is expected more projects and private companies willing to invest into energy efficiency measures. Still, secondary legislation is to be adopted, including model energy service contracts, methodology of calculation of savings, and budget nomenclature for reimbursements.
Draft law on energy efficiency of buildings sets down minimum energy efficiency requirements for a newly constructed buildings. Read more at http://www.kyivpost.com