Library: Initiatives

Reduction of energy use in municipal buildings by an Energy Service Company (ESCO)

Initiative

Reduction of energy use in municipal buildings by an Energy Service Company (ESCO)

About

The City of Vantaa decided to improve the energy efficiency of 14 municipal buildings by using the services of an Energy Saving Company (ESCO). The justification for this approach was that the energy saving measures and associated cost savings would be realised more rapidly than would otherwise be possible if making the investments from the City's budget alone. The long-term plan is to roll out EPCs for further municipal buildings if energy saving measures will prove successful.

SDG

Region

FI1B - Helsinki-Uusimaa

Country

Finland

Date

01 Jan 2011 - 31 Dec 2023

5P

Planet

Status/Progress/Experience

All in all the procurement process was successful as the end result was in line with the original plan. Four companies responded to the procurement notice and the first investments in energy saving measures began in summer 2014. The ESCO's proposals of the amount of electricity savings were significantly higher than the internal audit estimation of the City of Vantaa. In terms of heat, the ESCO's proposals also tended to be higher, although the ESCO guaranteed significantly less water savings than the internal audits estimated feasible. The initiative is ongoing and final results will be available in 2023.