On a yearly basis, Gestore dei Mercati Energetici S.p.A. (GME) determines the extent of the fees that MTEE and/or TEE Register Participants must pay for the services that GME provides. The fees are posted on GME’s website under art. 6, para. 6.2 of the Rules of Operation of the Energy Efficiency Certificates Market and art. 7, para. 7.3 of the Rules for registering bilateral transactions of energy efficiency certificates.

The following are the fees for 2024: participants are required to pay a variable fee of € 0.1 (+ VAT, where applicable) for each Energy Efficiency Certificate traded.

The variable fee is applied to the purchaser and to the seller, both for transactions concluded over the counter and for those made in the regulated market.
The reference periods for invoicing the variable fees are: the January-March quarter, the April-June quarter, the July-September quarter and the October-December quarter.

For each invoicing period, GME will issue an invoice to the Participant within the seven days following the reference period. GME will send the invoice to the operators that are Administrations as per Article 1, Paragraph 209 of Law no. 244 dated December 24, 2007 (PA operators) by the so-called Sistema di interscambio (SDI). The Participant is required to pay the invoice within the third-to-the-last working day of the month in which GME has sent the invoice and with value date on the same day.

The fees must be paid by bank transfer to GME’s account.

Bank details:
Banca Popolare di Sondrio
Società Cooperativa per Azioni
Viale Cesare Pavese, 336
00144 – Rome, Italy

IBAN IT19 B056 9603 2110 0000 7200 X26
CODICE SWIFT POSOIT22




Taxation of fees and reporting obligations

The services supplied by GME SpA on the MTEE and on the TEE Register shall mean general services and the chargeability of VAT on the related fees shall depend on the place where the customer has established his/her/its business.

Therefore, GME shall issue an invoice with VAT at the standard rate, if the customer has established his/her/its business in Italy and has not declared his/her/its status of “esportatore abituale” (exporter on a permanent basis) under art. 8, para. 8.2 of Decree of the President of the Italian Republic no. 633 of 26 Oct. 1972, by submitting a Statement (the so-called “dichiarazione d’intento”) issued under article 1 lett. c) of Law-Decree no. 746 of 29 Dec. 1983, converted into Law no. 17 of 27 Feb. 1984, as subsequently amended and supplemented, and documents to be enclosed thereto, in the format approved by the Ministerial Decree of 6 Dec. 1986. If, instead, the customer has already submitted the above-mentioned statement, GME shall issue an invoice without VAT.

Conversely, GME shall issue an invoice without VAT to EU customers who/which are taxable persons in their own countries. In this case, the reverse charge shall be applied by the customer.

GME shall issue an invoice without VAT to non-EU customers who/which are taxable persons in their own countries.

MTEE and TEE Register Participants established in Italy subject to the "split payment" System, pursuant to art. 17-ter of the Decree of the President of the Italian Republic No. 633/1972, shall send to GME a self-declaration certifying their status.

If the entity (parent company or fixed establishment) that will materially carry out the purchase and/or sale transactions/registrations in the MTEE and/or on the TEE Register is different from the entity (parent company or fixed establishment) admitted as participant to the MTEE and/or TEE Register, then the participant (as parent company or fixed establishment) is required to notify to GME of the entity (parent company or fixed establishment) that will materially carry out the purchase and/or sale transactions/registrations in the MTEE and/or the TEE Register as per the form available on this website.

As the MTEE participant is registered with the TEE Register, he/she/it must file the statement (as per the form (available on this website) also with reference to the TEE Register.

A participant that is registered only with the TEE Register must file the statement only for the TEE Register, by using the following form.

Any subsequent change in circumstances that may involve the change of the data and information contained in the above statements must be promptly notified to GME and anyway within three working days of its occurrence.

The entry of the data and information contained in the above-mentioned statements will have effect by the end of the second working day following receipt of the request by GME, if the submitted documents are correct and complete and if the requirements, if any, for updating the data and information provided by the participant are satisfied.