White certificates, also known as Energy Efficiency Certificates (EEC) are tradable instruments giving proof of the achievement of end-use energy savings through energy efficiency improvement initiatives and projects.
Each certificate is worth one tonne of oil equivalent (TOE) saved.
Energys, acting as a certified ESCo in accordance with UNI CEI 11352:2014, is authorised to manage the mechanism of white certificates, through the presentation of projects and interventions required for the issue of energy efficiency certificates.
The Energy Efficiency Certificates (EEC) mechanism, also known as White Certificates, derives from a regulatory framework designed to promote end-user energy efficiency, based on two combined aspects:
The energy efficiency certificates (EEC), are tradable instruments evidencing successful energy savings (i.e. each 3 kWh of gas saved), quantified in toe (tonnes of oil equivalent), awarded following the realization of specific interventions on end users.
Once obtained, the EEC can be sold by certified companies (ESCo) to obligated parties through the telematic platform managed by the Electricity Market Operator (in Italy it is the GME) or through bilateral agreements.
The EECs are incompatible with other forms of public incentive, with the exception of revolving funds, guarantee funds, internationally-recognised regional incentives, interest subsidies, tax relief, or where expressly provided.