ČEZ Esco's Czech energy-saving projects saved CZK 304 million last year, up year on year

ENESA, part of the ČEZ Esco group, saved clients CZK 304 million on energy costs last year through its comprehensive energy-saving projects, a fifth more year on year. ČEZ spokesperson Roman Gazdík told the Czech News Agency (ČTK) today. The company is an industry leader in the Czech Republic, with a 60 percent market share, according to the spokesperson. The savings were also boosted by last year’s high energy prices. So-called energy performance contracting (EPC) guarantees contractually that clients’ energy service provider will deliver the savings; otherwise, it must pay the shortfall itself.

ENESA operated a total of 32 energy-saving projects last year, most of them in public administration. Last year’s savings on electricity, gas, water and heat amounted to CZK 227 million at the prices of the projects’ reference years, and CZK 304 million when calculated at last year’s high prices. „There is much greater potential for savings in public buildings, however — we estimate it at as much as CZK 20 billion a year,“ said ČEZ Esco chief Kamil Čermák.