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.