Energy performance contracting as an innovative tool for financing the building renovation in Slovakia, Central Europe
Keywords:Energy performance contracting (EPC), energy audit, energy efficiency, net present value (NPV), payback
The possibilities of using Energy Performance Contracting (EPC) are presented for Slovakia, Central Europe, including a case study performed for a building in Bratislava. The case study contained an inspection of the building, an energy audit with a proposal of energy efficiency measures, and profitability calculations for the measures. A package of suitable measures was created, and its suitability for financing by EPC was evaluated. The net present value quotient (NPVQ) was used to indicate the profitability of energy-saving measures. However, for EPC projects, the number of years in which the investment is returned is the most important. Therefore, payback was considered to be a more relevant indicator of profitability for EPC projects. With an adequate combination of energy efficiency measures, a payback period of 15 years was reached. This was acceptable considering that the building belonged to a municipality. The potential drawback of EPC is that it may not be feasible for complex renovations.
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Copyright (c) 2022 Veronika Gombošová, Michal Krajčík
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