Country:Czech Republic
Year:1999
Policy status:In Force
Date Effective:1999
Policy Type:
Policy Target:
Agency:Ministry of Industry and Trade
URL:http://www.apes.cz/
Description:

In 1999, support began to be channelled into energy-saving projects from the State Programme on the Promotion of Energy Savings and the Utilisation of Renewable Energy Sources. This support took the form of subsidies granted to energy service providers, which were contributions from the investment framework for installed energy-saving installations. In 2006, the strategy for the support of the EPC method was revised, and subsidies were provided to contracting authorities seeking energy service providers for the preparation of a project employing EPC methods and for the organisation of public procurement tendering procedures. In 2012, support was renewed under the EFEKT Programme in the form of subsidies to identify projects suitable for clients from the ranks of public administration. Since 1999, State Programme support has been used to produce booklets, leaflets, recipe books for contracting authorities, and websites (a database of EPC and EC projects), training seminars have been held, and subsidies have been granted for the production of methodology aids (EPC Project Contracting Methodology, Code of Conduct, improvements in the quality of EPC contracting). The financing of investments in installed energy-saving measures are another common element of EPC-type energy services provided. In this case, energy service providers require sufficient access to financial resources in order to carry out their activities. In the Czech Republic, it is common practice to sell receivables, and such claims are sold almost exclusively to entities holding a CNB banking licence. The name of the specific financial institution to which a receivable is assigned is usually specified in the EPC contract prior to the signing thereof. Negotiations with the financing institution are completed after notification of the selection of the best bid and completion of the tendering procedure. The assignment of a receivable does not change the status of the customer. This liability remains a trade payable, i.e. it is supplier credit. The sale of a receivable does not change supplier credit into bank credit, which would influence the customer’s debt service indicator. No contractual relationship is established between the customer and the financial institution (the bank), i.e. from an accounting and legal perspective, the assignment of a receivable has no impact on the customer or the customer’s debt service indicator. The contractual obligations of the energy service company do not change. Installed savings measures, upon completion, are transferred to the customer’s assets without the establishment of any liens. The assignment of receivables has been used in almost all projects completed since 2005. These have been EPC projects in the public sector (towns, regions and central government institutions partly funded from the public purse).

Since 2011, information on energy service companies has been available on the website of the Association of Energy Service Providers (www.apes.cz) along with other information and links. A model contract has been created primarily for the purposes of public contracting for guaranteed energy services by contracting authorities. In this respect, it is publicly available at the website of the Ministry of Industry and Trade: http://www.mpo.cz/dokument105425.html.

Last modified: Tue, 20 Sep 2016 17:08:07 CEST