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Public sector

The owner is a public sector entity or is financed by public funds (more than 50%) (e.g. Municipalities, state, associations…) and is subject to public procurement law.

Consequences : The owner is subject to the law on public procurement (cfr Selection of partners)

Public sector

The owner is a public sector entity or is financed by public funds (more than 50%) (e.g. Municipalities, state, associations…) and is subject to Eurostat rules.

Consequences : The owner might have budget debt constraints (Eurostat rules)

Private landlords in a condominium; unified renovation scheme

The owner lives in his apartment in the condominium. The owner will have an incentive to proceed to the energy retrofit works - he will benefit from the energy savings to finance / reimburse the energy retrofit works

Consequences : Works are to be considered for the entire building : The owner is subject to the decisions of the management board of the condominium

Private landlords in a condominium; individual choices and decision

The owner lives in his apartment in the condominium. The owner will have an incentive to proceed to the energy retrofit works - he will benefit from the energy savings to finance / reimburse the energy retrofit works

Consequences : If the energy retrofit works are limited to the apartment (window change, wall insulation from the inside, individual boiler)

Private landlords in a condominium; Rented property

The owners rents his apartment

Consequences : There is a split incentive: the owner has to finance the energy retrofit works and the lessee benefits from the energy savings (as the lessee supports the energy bills)

Investors

Private entities with as core business to invest in buildings. Those entity might be pension funds, insurance companies, real estate companies

Consequences : Financing is not that much of an issue. The main priority is the final value of the building seen as an asset