On Energy Efficiency in Buildings, On Commercial Metering of Utility Services, and On the Energy Efficiency Fund

In 2017 the Parliament approved the important laws - On Energy Efficiency in Buildings, On Commercial Metering of Utility Services, and On the Energy Efficiency Fund. The adoption of this legislation enabled government to create the Energy Efficiency Fund of Ukraine (EEFU). As of December 2018, the government has already adopted the required secondary legislation to launch the EEFU which expected to be fully operational by March 2019. The affordable financing from the EEFU will target energy efficiency improvement of multi-apartment buildings managed by homeowners associations. The EEFU is going to propose two rehabilitation packages at the start of its operations – “light” and “complex”. The “light” package is the loan to homeowners association from the bank participating in the program in an amount UAH 500 - 600 thousands from which EEFU will reimburse 40% of the body of the loan.

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