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Best Policy Practices

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<strong>Best</strong> <strong>Policy</strong> <strong>Practices</strong><br />

tions – defines the project goals (e.g. “at least X per cent of<br />

savings”, etc.) and thus invites potential bidders to take part in<br />

a contest of ideas and best value for money.<br />

The client and the ESCO sign a contract – usually over<br />

a term of seven to twelve years. The core elements of the<br />

contract are the level and structure of the investment, the level<br />

and sharing of the savings implementation, and the control<br />

and maintenance of the energy-saving measures. If savings do<br />

not materialize, the ESCO pays the difference, not the client.<br />

To ensure savings the ESCOs usually also offer staff training<br />

and long-term maintenance services.<br />

Links: www.eurocontract.net and www.energyservicescoalition.org/resources/<br />

whatis.htm<br />

Results achieved: Guaranteed savings vary from 10% to 30%.<br />

Since 2005, 23 projects were supported by different partners<br />

and countries in Europe. Model documents and guidance<br />

are available through Berliner Energieagentur and project<br />

partners.<br />

22

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