EAMP
Energy Asset Management (EAMP)
Free support for public entities to build a customized plan to manage energy assets—see fact sheet and EBF resources.
Read storyEfficient Buildings Fund (EBF)
The Efficient Buildings Fund (EBF) makes attractive, long-term financing available to municipalities and quasi-public agencies for the completion of energy efficiency and renewable energy projects.
33%
Below market interest
Subsidized rate
OER
Project Priority List
Ranks projects
1+ yr
Loan terms
Up to useful life
RIIB + OER
Applications
Joint process
Eligibility
Who can apply
Municipalities and quasi-public agencies pursuing eligible energy efficiency and renewable energy projects, consistent with program rules and the Office of Energy Resources (OER) process.
Use of funds
Measures that conserve energy or produce clean energy, structured as cashflow-positive financing with terms from as short as one year up to the asset’s useful life, with interest that may be capitalized during construction.
Requirements
Financing is awarded based on ranking on the OER Project Priority List, readiness to proceed, credit approval, and availability of funds. Borrowers work directly with RIIB and OER to complete project and financing applications.
Additional services: free energy audits — use the program form to request an audit. Free energy consulting may be available on a limited basis to scope projects and support applications; contact us for details. The Energy Asset Management Program (EAMP) offers public entities free consulting to develop a customized action plan to manage energy assets; see program materials for participation details.
Program tools
View all storiesHow it works
Align with the OER Project Priority List and stay coordinated with RIIB and OER through application and closing.
Eligible measures
Projects include measures that will conserve energy or produce clean energy.
Cashflow-positive structure
Loans are cashflow positive. Terms may be as short as one year or as long as the asset’s useful life, and interest can be capitalized during the construction period.
Subsidized interest
Interest is subsidized at 33% below the borrower’s market rate.
Awards
Projects are awarded financing based on ranking on the OER Project Priority List, readiness to proceed, and subject to credit approval and availability of funds.
OER and RIIB
Borrowers work directly with RIIB and OER to complete project and financing applications.
Additional resources
Client resources / FAQ hubFrequently asked questions
How do I request a free energy audit?
Complete the program audit request form linked from Additional services on the legacy page or your community’s program contact.
Related programs
Clean Energy Fund (CEF)
Financing for public and private borrowers, including emerging technologies.
Commercial Property Assessed Clean Energy (C-PACE)
Long-term financing for commercial and industrial building upgrades.
Contact
Greg Miller
Business Development Officer
For more information about the EBF, contact RIIB using the information below.
- info@riib.org
- Phone
- (401) 453-4430
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