Support and Funding
Funding investments aimed at energy efficiency can be problematic in many municipalities and municipal groupings. Funding problems can lead to many financially worthwhile energy saving investments being left unrealized. Because of this the funding of energy efficiency investments must get state support and funding models.
Support for energy auditsEmployment and Economic Development Centres and the Ministry of Economic Affairs and Employment give grants to municipalities joining municipal energy savings agreements or energy programmes of up to 50% of approved costs. In addition, there is support to municipalities joining energy efficiency agreements for renewable energy municipal surveys of up to 60%.
Support for energy saving investmentsEmployment and Economic Development Centres and the Ministry of Economic Affairs and Employment can provide investment support for procurements that promote energy saving and energy efficiency. The main emphasis is on procurements utilizing new technology. Communities that join the energy efficiency agreement system may also receive on a case-by-case basis procurement-based support for realizing ordinary savings investments.
Energy service company (ESCO) fundingEnergy saving investments may be funded in their entirety by third-party funding, under the energy service company, or ESCO, concept.