FUNDING The Energy Investment Funding tool deals with broadening the knowledge of the target group on existing energy-investment–related funding sources and mechanisms, other than public funding sources. The tool helps also share the knowledge and experience among project partners on the existing funding mechanisms in their countries, which can help them promote and adapt similar solutions in their countries. It can also facilitate finding sources to finance energy efficiency investments, both public and private ones, in the project partner countries.
HOW TO USE FUNDING IN THE MOST COST-EFFECTIVE WAY Author: Barbara Wos, Association of Communities and Cities of Malopolska Region, Poland Conclusions resulting from financing in energy efficiency in relation to local governments and investors: Verification of grant applications is carried out by the COC - Competition Organizing Institution. There are a number of substantive criteria that determine the award of points - the more points scored, the greater the chance of funding.
The scope of the undertaking of comprehensive energy modernization of the building must result from an energy audit and lead to a reduction of final energy consumption by at least 25% by meeting the technical conditions for building partitions.
In order for the project to undergo substantive assessment, it must achieve a certain percentage level of points that can be obtained in total (often 30% of the maximum number of points). So it is necessary to analyze the material ranges and adjust the material scope to maximize the use of scoring.
The design should comply with the so-called a lowcarbon economy plan and an Integrated Territorial Investment strategy.
The condition of co-financing is to ensure a reduction of CO2 emissions by at least 30%. The key to the positive effects of both the assessment of applications as well as economic and functional aspects is therefore a properly selected material scope, carefully refined investment implementation details: specialists, audits, equipment, services).
The maximum level of EU funding in eligible expenditure at project level is 85%, subject to the methodology for calculating the maximum amount of funding - here you can see how much investment in energy efficiency is supported and how much the EU focuses on such modern technologies. Often projects implemented in public buildings are not eligible for support, in which over 15% of the building's total area is used for business or housing.
A number of formal conditions must be met, including: Submission of the application on time (with the proviso that the application submitted after the deadline indicated in the competition notice is not considered) Preparation of the application on the applicable form Completeness of application documentation: application and attachments
Projects are positively assessed only if they meet all the required formal criteria - care for deadlines and appropriate documentation is very important.
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