Using Qualified Energy Conservation Bonds (QECBs) to Fund a Residential Energy Efficiency Loan Program: Case Study on Saint Louis County, MO | Zendy

Mark Zimring | Zendy

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Using Qualified Energy Conservation Bonds (QECBs) to Fund a Residential Energy Efficiency Loan Program: Case Study on Saint Louis County, MO

Author(s) -

Mark Zimring

Publication year - 2011

Language(s) - English

Resource type - Reports

DOI - 10.2172/1050717

Subject(s) - loan , issuer , bond , subsidy , debt , business , finance , energy conservation , st louis , negotiation , county government , saint , government (linguistics) , economics , public administration , engineering , political science , art , linguistics , philosophy , law , electrical engineering , market economy , art history , computer security , computer science

Qualified Energy Conservation Bonds (QECBs) are federally-subsidized debt instruments that enable state, tribal, and local government issuers to borrow money to fund a range of qualified energy conservation projects. QECBs offer issuers very attractive borrowing rates and long terms, and can fund low-interest energy efficiency loans for home and commercial property owners. Saint Louis County, MO recently issued over $10 million of QECBs to finance the Saint Louis County SAVES residential energy efficiency loan program. The county's experience negotiating QECB regulations and restrictions can inform future issuers

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