Eurostat Guidance Note confirmed the interpretation of public accounting rules as regards EPC and public debt stating that in order for a project to be considered a public-private partnership (PPP), capital expenditure for improving energy efficiency by private entities in the contract should reach at least 50% of the total value of the building after the energy efficiency renovation. This is considered a major burden to EPC, as national administrations will hesitate to engage in EPC as they might fear of increasing public debt.
This interpretation should be changed, as it does not take into account that the full investment or at least a part of the investment into the energy efficiency projects is offset by monetary savings and that EPCs can provide an energy savings guarantee.
Link to guidance note: http://ec.europa.eu/eurostat/documents/1015035/6934993/EUROSTAT-Guidance-Note-on-Energy-Performance-Contracts-August-2015.pdf/dc5255f7-a5b8-42e5-bc5d-887dbf9434c9
Link to Eurostat presentation (Denis Besnard, Eurostat Unit D1) during "Energy Services Market in the EU" Workshop organised by Joint Research Centre on 22 October 2015: http://iet.jrc.ec.europa.eu/energyefficiency/sites/energyefficiency/files/files/documents/events/1_eurostat_-_workshop_energy_services_22_october_2015.pdf
All presentations of "Energy Services Market in the EU" Workshop: http://iet.jrc.ec.europa.eu/energyefficiency/node/9102