Energy Performance Contracts - Minimum requirements

Scope of the new standard(s) is to define the minimum requirements of an Energy Performance Contract between the beneficiary and the provider of an energy efficiency measure that delivers a contractually agreed level of energy efficiency improvement and other agreed energy performance criterion and meet the requirements of: - cost effectiveness in relation to the benefits generated by the energy efficiency measure (appropriateness of the EPC); - risk mitigation and risk allocation toolkit; - Eurostat and IASB requirements for statistical treatment and financial accounting; - due diligence and underwriting procedures of financial institutions and assets evaluators.