European Code of Conduct for EPC (Energy Performance Contracting) has been developed for energy service providers (ESCOs). The Code of Conduct defines the fundamental values and principles for successful EPC projects preparation and implementation. It constitutes a guarantee of quality of EPC projects. The EPC Code of Conduct is a voluntary commitment and is not legally binding. The key message of Code of Conduct is that EPC represents a fair energy business model. It has been developed within Transparense project and launched in 2014.
"The Energy Performance Contract between ESCO and building owner usually contains guarantees for energy (cost) savings and regulates allocation of financial and technical risks for implementation and operation during the entire project duration of typically 5 to 5 years. Since there are various European model contracts and different approaches for EPC the EESI project defines not ONE European model contract but the main distinguishing features of Energy Performance Contracts and makes different proven model documents available.