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Funding concepts

Public and private service provider for indoor lighting can choose out of a variety of funding and financing models nationally. The EU offers different programmes for energy-efficiency which also cover the installation of next level energy efficient lighting systems.

Contracting

Refurbishment of indoor lighting with LEDs requires high investments which most municipalities cannot afford. Contracting offers an alternative financing method to overcome this barrier. Contracting is a contractual arrangement between a provider of an energy efficiency improvement measure (Energy Service Company - ESCO) and a client (i.e. municipality). All costs for the refurbishment are covered and the energy savings are ensured by the Energy Service Company . The energy savings are used to cover the investment and capital costs of the ESCO. The contract ends after the amortization of the investment and the client benefits afterwards from the energy and cost savings. An EU-project about Energy performance contracting has been launched in April 2014, which provides information services and tools to support municpalities in implementing contracting projects. Detailed information about contracting possibilities can be found on the EU-project website.

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Funding and Financing

Different EU-Programmes can be used to finance your indoor lighting project. Some selected funding programmes are relevant for your lighting Planning: ELENA - European Technical Assistance Facilites and European funding initiatives; JESSICA - Joint European Support for Sustainable Investment in City Areas; PDA (H2020) Project Development Assistance (formerly called "MLEI") of the Horizon 2020; ESIF - European Structural and Investment Funds (2014 -2020); EEEF - European Energy Efficiency Fund

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