Energy Efficiency Contracts – A Challenge for Public Institutions

This research contributes to the understanding of the barriers and incentives on the energy efficiency market. We may say that the universe tends from a chaos towards an organized status, in other words from predictability to uncertainty, if we look to the second law of thermodynamics. Energy is continuously available as unavailable energy until completely disappears. This is commonly referred to as entropy, that in all energy exchanges, the potential energy at a certain state will always be less than that of the initial state, if no energy enters the system. The aim of this paper is the practical application of a solution meant to increase the quality of the accounting information delivered to the users. Particularly, there was a need to highlight the necessity of adapting the chart of accounts of public institutions, the budgetary classification, to the evolution of contractual relations of public institutions, including energy efficiency contracts. The prospect of approaching the partnerships subject is new in this field. From the epistemological point of view, the paper provides a mixture of normative research and constructive accounting. The research strategies used included documentary and analytical research, formulation of opinions by benchmarking and case studies.