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One Thousand Buildings in Kyiv Can Save 100 Million Hryvnias on Heating Bills Annually

18 July 2017, Ukraine
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One Thousand Buildings in Kyiv Can Save 100 Million Hryvnias on Heating Bills Annually
One Thousand Buildings in Kyiv Can Save 100 Million Hryvnias on Heating Bills Annually
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One thousand buildings in Kyiv will be able to cut down the cost of heating five-fold on average if energy-saving measures are implemented. This is the finding made by KYIVENERGO in cooperation with energy auditors of DTEK ESCO following an analysis of energy consumption by 16,000 commercial clients of KYIVENERGO. The analysis compared the actual heat consumption by each building against state construction standards.

To help its clients make savings, KYIVENERGO sent letter to those clients whose consumptions exceed targets more than twice. Among such consumers were government authorities, schools, kindergartens, religious organizations, colleges, theatres, hospitals, law enforcement agencies, factories, office buildings, property management companies, and more than 500 multi-apartment buildings, associations of co-owners of residential buildings, and housing associations.

KYIVENERGO offered its clients some advice on energy saving measures and energy audits. An energy audit report will show in detail the reason why heat is lost, and opportunities for making savings, and provide a detailed list of energy saving measures, including pay-back periods and potential sources of financing. DTEK ESCO provides trainings where everyone can learn how to perform an energy audit.

DTEK ESCO is ready to invest up to 150 million hryvnias into energy efficiency of buildings in Kyiv based on energy service. The company will carry out thermal modernization of buildings and guarantees savings of energy resources such as thermal power, electric power, gas, and water.

“According to our estimates, one thousand buildings in Kyiv can save in aggregate more than 100 million hryvnias per year in heating costs. To achieve these savings, a set of energy efficiency measures including upgrades, balancing of heating systems, and insulation of buildings has to be implemented. It is a realistic task, and we can help by conducting an energy audit, providing financing, and implementing energy efficiency measures, preparing buildings for a winter season, introducing an energy management system, and a system for monitoring the use of energy resources,” told Yevhen Bushma, Director of DTEK ESCO.

DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.

Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.

Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.

Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.

DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.