Project description DEENESFRITPL New financing mechanism for greener buildings The uptake of deep energy renovations (ERs) in the European building stock is a top priority and in line with the European Green Deal. Enhancing energy efficiency financing mechanisms is essential to achieve this target and ensure widespread use of ERs in Europe. The EU-funded Ren-on-Bill project aims to scale up investments towards deep ERs of residential buildings, while promoting the development and implementation of on-bill schemes based on cooperation with the financial institutions accepting repayment by drawing on utility bills. This method, successfully adopted in Canada and the United States, is expected to significantly lower default rates and bring several benefits to the European building energy renovation market and its society. Show the project objective Hide the project objective Objective Ren-on-Bill’s overall objective is to scale up investments towards deep energy renovations (ER) of residential buildings by promoting the development and implementation of On-Bill Financing schemes, based on the cooperation between energy utilities and financial institutions.On-Bill Financing (OBF) is a method of financing ER investments that draws on utility bills as repayment vehicle. OBF has been in use for more than 30 years, and it is especially widespread in the USA and Canada, where it significantly drives the building renovation market, with over 1 billion $ investments reached by 2013. Compared to traditional loans, default rates have been found to be lower, thus making OBF a lower risk instrument for investors. In Europe, although a few attempts have been made, OBF has not yet had a significant impact on the residential energy efficiency building renovation market.In detail, the project will:- Analyse and define the residential building ER and OBF market context to enable replication of suitable OBF schemes across Europe;- Engage key stakeholders (in particular energy utilities, financial institutions, representatives of the final user and ER market side) through national stakeholder platforms;- Develop tools to structure the residential sector’s ER financing demand allowing allows utilities and financial institutions to assess ER investments based on a transparent methodology and to bundle investments accordingly;- Develop suitable utility business models for the deployment of deep energy renovation OBF schemes for residential buildings in Europe;- Implement selected OBF business models at the 3 Ren-on-Bill partner utilities through a collaboration for strategic development of pilot on-bill financing schemes;- Exploit the insights gained over the project horizon to support European-wide dissemination of knowledge on OBF schemes towards utilities, financial institutions and policy-makers. Fields of science social scienceseconomics and businessbusiness and managementbusiness modelsengineering and technologycivil engineeringarchitecture engineeringsustainable architecturesustainable building Keywords on-bill financing energy renovation residential buildings energy efficiency utilities sector Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe H2020-EU.3.3.1. - Reducing energy consumption and carbon foorpint by smart and sustainable use Topic(s) LC-SC3-EE-9-2018-2019 - Innovative financing for energy efficiency investments Call for proposal H2020-LC-SC3-2018-2019-2020 See other projects for this call Sub call H2020-LC-SC3-EE-2018 Funding Scheme CSA - Coordination and support action Coordinator CREARA CONSULTORES SL Net EU contribution € 373 750,00 Address Calle marques de ahumada, num.5, planta.3 28028 Madrid Spain See on map Region Comunidad de Madrid Comunidad de Madrid Madrid Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (11) Sort alphabetically Sort by Net EU contribution Expand all Collapse all UNIVERSITA DEGLI STUDI DI GENOVA Italy Net EU contribution € 162 175,00 Address Via balbi 5 16126 Genova See on map Region Nord-Ovest Liguria Genova Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 LIETUVOS ENERGETIKOS INSTITUTAS Lithuania Net EU contribution € 81 125,00 Address Breslaujos g. 3 LT-44403 Kaunas See on map Region Lietuva Vidurio ir vakarų Lietuvos regionas Kauno apskritis Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 EPTA PRIME S.R.L Italy Net EU contribution € 116 425,00 Address Via angelo bargoni 78f 00153 Roma See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Centro (IT) Lazio Roma Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ADELPHI RESEARCH GEMEINNUTZIGE GMBH Germany Net EU contribution € 236 250,00 Address Alt-moabit 91 10559 Berlin See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Berlin Berlin Berlin Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. ADELPHI CONSULT GMBH Germany Net EU contribution € 42 500,00 Address Alt-moabit 91 10559 Berlin See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Berlin Berlin Berlin Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 BUILDINGS PERFORMANCE INSTITUTE EUROPE ASBL Belgium Net EU contribution € 316 260,00 Address Rue de la science 23 1040 Bruxelles / brussel See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 FENIE ENERGIA SA Spain Net EU contribution € 143 800,00 Address Calle jacinto benavente 2b las bajarozas de madrid 28232 Madrid See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Comunidad de Madrid Comunidad de Madrid Madrid Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 KAUNO ENERGIJA AB Lithuania Net EU contribution € 71 500,00 Address Raudondvario pl 84 47179 Kaunas See on map Region Lietuva Vidurio ir vakarų Lietuvos regionas Kauno apskritis Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 BLUENERGY GROUP SPA Italy Net EU contribution € 60 712,50 Address Viale venezia 430 33100 Udine See on map Region Nord-Est Friuli-Venezia Giulia Udine Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. RETTAGLIATA TECH SRL Italy Net EU contribution € 28 687,50 Address Viale monte rosa 64 20149 Milano See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Nord-Ovest Lombardia Milano Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. BLUENERGY ASSISTANCE SRL Italy Net EU contribution € 28 687,50 Address Via gallerio 6 33033 Codroipo See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Nord-Est Friuli-Venezia Giulia Udine Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00
