The Verkhovna Rada of Ukraine adopted in the second reading a draft law "On Energy Efficiency Fund” No.5598. The respective decision was supported by 278 MPs.

«This issue encapsulates providing of technical and financial tools aimed to support the implementation of energy efficiency in Ukraine, especially in the residential sector. Hence, the said draft law offers an opportunity to diminish a burden of expanses of ordinary Ukrainian families for modernization of residential buildings up to 50%. Moreover, the adoption of the draft law enables the country to remove barriers for external assistance and for financing of energy efficiency measures in the country». This was stated by Vice Prime Minister /Minister of Regional Development, Building, Housing and Communal Service of Ukraine Hennadii Zubko during his speech at the Verkhovna Rada of Ukraine.

He also reiterated that the Energy Efficiency Fund is a tool to reduce the burden of utility payments on incomes of ordinary Ukrainian families as well as to reach energy independence. «The Energy Efficiency Fund is a key component of the comprehensive energy efficiency reform. It provides citizens with financial support and technical solutions called to cut energy consumption and expenses for payment utility bills», urged the Vice Prime Minister, while delivering a speech at the Verkhovna Rada of Ukraine.

The Vice Prime Minister noted the European Union had clearly expressed its readiness to provide financial support in filling the Energy Efficiency Fund.

Earlier, Hennadii Zubko had called on MPs to adopt a package of three bills seek to launch the energy efficiency reform, in particular: 

Draft law “On Housing and Communal Services” (No.1581-d) is aimed to create an updated market of housing and communal services and to establish clear rules for cooperation between the consumer and service provider.

Draft law "On Commercial Accounting of Utility Services” (No.4901) stipulates for the compulsory installation of metering devices. People will pay only for consumed resources instead of paying for repairing of pipes as well as for connection failures.

Bill "About Energy Efficiency of Buildings” (No.4941) ensures fair measuring of the consumed heat in residential buildings, introduces a mechanism for obtaining a unified energy performance certificate for each particular building, provides independent diagnostics of buildings and a renovation plan.