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Ren-on-Bill SIGNED

Residential Building Energy Renovations with On-Bill Financing

Total Cost €

EC-Contrib. €

Partnership

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Ren-on-Bill project word cloud

Explore the words cloud of the Ren-on-Bill project. It provides you a very rough idea of what is the project "Ren-on-Bill" about.

context renovation schemes replication usa stakeholder utilities residential loans pilot vehicle accordingly suitable business demand lower reached er repayment gained energy risk instrument tools deep strategic market financing 2013 policy stakeholders drives made default buildings horizon efficiency building utility structure cooperation financial billion had insights draws platforms models canada ren makers transparent attempts few obf investments bundle engage methodology bill national rates deployment final significantly bills renovations investors found

Project "Ren-on-Bill" data sheet

The following table provides information about the project.

Coordinator	CREARA CONSULTORES SL Organization address address: CALLE VELAZQUEZ, NUM. 157 PLANTA 5 city: MADRID postcode: 28002 website: www.creara.es contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Total cost	1˙661˙872 €
EC max contribution	1˙661˙872 € (100%)
Programme	1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe) 2. H2020-EU.3.3.1. (Reducing energy consumption and carbon foorpint by smart and sustainable use)
Code Call	H2020-LC-SC3-EE-2018
Funding Scheme	CSA
Starting year	2019
Duration (year-month-day)	from 2019-05-01 to 2022-04-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	CREARA CONSULTORES SL CREARA CONSULTORES SL Organization address address: CALLE VELAZQUEZ, NUM. 157 PLANTA 5 city: MADRID postcode: 28002 website: www.creara.es contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (MADRID)	coordinator	373˙750.00
2	BUILDINGS PERFORMANCE INSTITUTE EUROPE ASBL BUILDINGS PERFORMANCE INSTITUTE EUROPE ASBL Organization address address: RUE DE LA SCIENCE 23 city: BRUXELLES postcode: 1040 website: www.bpie.eu contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	BE (BRUXELLES)	participant	316˙260.00
3	ADELPHI RESEARCH GEMEINNUTZIGE GMBH ADELPHI RESEARCH GEMEINNUTZIGE GMBH Organization address address: ALT-MOABIT 91 city: BERLIN postcode: 10559 website: www.adelphi.de contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	DE (BERLIN)	participant	278˙750.00
4	UNIVERSITA DEGLI STUDI DI GENOVA UNIVERSITA DEGLI STUDI DI GENOVA Organization address address: VIA BALBI 5 city: GENOVA postcode: 16126 website: www.unige.it contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (GENOVA)	participant	162˙175.00
5	FENIE ENERGIA SA FENIE ENERGIA SA Organization address address: CALLE JACINTO BENAVENTE 2B LAS BAJAROZAS DE MADRID city: MADRID postcode: 28232 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (MADRID)	participant	143˙800.00
6	BLUENERGY GROUP SPA BLUENERGY GROUP SPA Organization address address: VIALE VENEZIA 430 city: UDINE postcode: 33100 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (UDINE)	participant	118˙087.00
7	EPTA PRIME S.R.L EPTA PRIME S.R.L Organization address address: VIA ANGELO BARGONI 78F city: ROMA postcode: 153 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	IT (ROMA)	participant	116˙425.00
8	LIETUVOS ENERGETIKOS INSTITUTAS LIETUVOS ENERGETIKOS INSTITUTAS Organization address address: Breslaujos g. 3 city: KAUNAS postcode: LT-44403 website: http://www.lei.lt contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LT (KAUNAS)	participant	81˙125.00
9	KAUNO ENERGIJA AB KAUNO ENERGIJA AB Organization address address: RAUDONDVARIO PL 84 city: KAUNAS postcode: 47179 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	LT (KAUNAS)	participant	71˙500.00

Map

Project 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.

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The information about "REN-ON-BILL" are provided by the European Opendata Portal: CORDIS opendata.