Public Partner Financing Tools

Qualified Energy Conservation Bonds (QECBs)

QECBs can be used by state and local governments for energy improvements in public buildings and green community projects such as energy efficiency improvements in residential buildings.  Bonds are also authorized for rural renewable energy development, research and development, and public education.

Click here to view large local government QECB 2009 allocations.

Click here to see the State of Alabama's announcement on QECB's

Clean Renewable Energy Bonds (CREBs)

The Clean Renewable Energy Bond (CREB) program is administered by the Internal Revenue Service and provides bond authorization for public entities on a competitive basis for renewable electricity projects. The benefit of the CREB program is that public entities receive the bonds at zero percent interest. The revenue or cost savings from the renewable electricity systems are utilized to pay off the bonds.