Sabac district heating operator to upgrade residential buildings under ESCO model

By District Energy posted 07-25-2019 16:13

  

Svetlana Jovanovic, Balkan Green Energy News

Summary

The Šabac district heating operator, Toplana-Šabac, will act as an energy service company (ESCO) that will take out a loan for its residential users in order to upgrade buildings, with repayment over 12 years to be financed through energy savings, the City of Šabac in western Serbia said. The contract on the loan for thermo-insulation has been signed with the European Bank for Reconstruction and Development (EBRD).

Slobodan Jerotić, general manager of the Šabac district heating operator, and Jelena Čeperković of the EBRD have signed the EUR 2.5 million loan for the thermo-insulation of 40 multi-storey residential buildings in Šabac.

According to Jerotić, citizens will see significant savings thanks to the insulation of residential buildings and the installation of modern devices that can regulate heat and calculate consumption and heating costs, which will enable them to get a return on the investment to be carried out by the Šabac district heating operator.

The district heating operator has prepared different contract models to enable residents to choose one of the repayment schedules offered.

Full Article

Continue Reading


#News
#DistrictHeating
#EnergyEfficiency
#Residential
0 comments
1 view

Permalink