Law Firm “Capital Law Consulting“ provides expert legal services during the Energy performance contracting process in Ukraine.
What we do:
- legal analysis and advisory;
- energy service company formation;
- legal and technical support at the stage of government (public) or municipal procurement process;
- mediation and permission and license obtaining;
- contract drafting;
We have comprehensive experience in ESPC support both in substantive and procedural law.
Energy Performance Contracts Legislation in Ukraine
By Ukrainian law, energy service – is a set of technical and organizational energy saving (energy efficiency) and other measures aimed at reducing by customer of consumption and/or costs of energy resources and/or housing services compared to consumption (expenditure) in the absence of such measures. By Ukrainian law, energy service company or energy savings company (ESCO or ESCo) are operated for profit.
ESP is determined by Ukrainian laws “On the introduction of new investment opportunities, guaranteeing the rights and interests of businesses for big energy modernization” № 327-19 and “On energy saving” № 74/94. ESPC with Ukrainian public authorities, local governments and state-owned companies are concluded only through public government procurement system. Maximum ESPC term in Ukraine is 15 years.
The need of energy savings services in Ukraine is big. It’s potential reaches about 5 billion EUR only in state owned buildings.