How it works

SlovSEFF III can help you improving energy use or facilitate your renewable energy investment plans by guiding you through the following step-by-step process:

 

141216 Project cycle without notes

Includes basic information about applicant and project; click here to download

Simple project analysis to assess whether basic SlovSEFF criteria are fulfilled

 

 

 

Based on positive appraisal, client accepts SlovSEFF conditions by signing a Letter of Engagement

 

Project Assessment Report, Energy Audit, Simplified Energy Audit or Energy Performance Certificate is completed by Consultant to identify / confirm best energy / carbon saving measures

 

Project developer confirms that investment recommendations are understood

 

Bank loan is signed and disbursed

 

Project is implemented

 

Once project is completed, client requests verification and Verification Consultant verifies that project has been implemented in compliance with the Project Assessment Report

Incentive payment or Carbon Reduction Compensation is disbursed, once verification is successfully completed. Annual GHG emissions and energy savings are to be reported to SIEA for a period of 5 years after project completion via templates found here: Renewable energy, industrial and residential energy efficiency

 

 

Right of appeal

If a borrower disagrees with the decision of the Project Consultant or Participating Financial Institution, they have the right to appeal.

1st level of appeal

Within 30 days of receiving the initial decision, an appeal may be submitted by letter stating the case for reconsideration to the SlovSEFF office in Bratislava (Marián Holúbek).

2nd level of appeal

If the borrower does not agree with a negative decision at the first level of appeal, they may appeal for the second time by addressing the Project Manager in charge of SlovSEFF III, This email address is being protected from spambots. You need JavaScript enabled to view it..

3rd level of appeal

If the borrower does not agree with a negative decision at the second level of appeal, an appeal may be raised with the financier of the facility, the European Bank for Reconstruction and Development (EBRD), addressing the EBRD Operation Leader, Mr Friso de Jong. His decision will be final.

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