Rhode Island Efficient Buildings Fund (RIEBF)

The Efficient Buildings Fund (EBF) is a revolving loan fund. These low-interest rate loans are given to governmental entities for energy efficiency and renewable energy projects where the annual energy savings achieved by the project exceeds the annual debt service. RIEBF is administered jointly by the Rhode Island Infrastructure Bank (RIIB) and the Office of Energy Resources.

Congratulations to the five municipalities and one school district that have borrowed funds for energy efficiency and renewable energy projects!

To apply, applicants must complete an application along with an energy audit of the facility(ies) (see application documents below). National Grid will work with potential applicants to schedule and conduct energy audits. The University of Rhode Island (URI) Energy Team will provide technical assistance as needed. You can request an audit by completing this online form.

All applications will be scored and ranked on a public Project Priority List, with the top scoring applicants being prioritized to receive available funding.

Borrowers are required to report energy use for at least five years following loan closing and have in place or develop an Energy Management Plan within six months of loan closing. The URI Energy Team will provide support for both requirements.


Current Funding Round Schedule and Application Documents

Applications for Round 5 are due April 13, 2018 by noon! Please join us for an informational session on EBF – logistics for this will be posted this winter. Slides from a previous information session are here. The full timeline for Round 5 is below:

Round 5 Schedule Timeline
Questions are due to the Office of Energy Resources April 6 by noon
Applications are due to the Office of Energy Resources 
April 13 by noon
OER notifies applicants of application completeness
April 20
Missing application components due to OER 
April 27 by noon
Project Priority List posted for public comment
May 4
Public comment period ends May 11
Project Priority List finalized and selected borrowers notified by RIIB
May 18

 

Application Documents

Energy Efficiency Projects: Application and Submission Instructions
Renewable Energy Projects: Application and Submission Instructions
Round 5 – Project Summary Form

Information from Prior Funding Rounds


Round 3 (Fall 2016)

Round 3 Project Priority List
Round 3 Score Sheet for Energy Efficiency Projects
Round 3 Score Sheet for Renewable Energy Projects


Important References and Documents

Frequently Asked Questions
Round 4 Score Sheet for Energy Efficiency Projects
Round 4 Score Sheet for Renewable Energy Projects

Energy Management Plan Guidance

General Guidance
Detailed Guidance
Energy Star Guidelines for Energy Management
Letter of Intent to Develop Energy Management Plan TEMPLATE
Energy Management Plan TEMPLATE

Sample Energy Management Plans

Town of Barrington
City of Pawtucket
City of Providence: 2014 Plan and 2016 Update

Energy Use Baseline and Narrative Guidance

General Guidance
Detailed Guidance
Energy Use Baseline and Narrative EXAMPLE

Rules and Regulations

2017 Rules and Regulations: effective Aug 21, 2017
2015 Rules and Regulations
2015 Adoption Filing
Letter of Support from RI Department of Elementary and Secondary Education

Contact Info

Questions can be directed to Michael Baer at mbaer@riinfrastructurebank.com or Becca Trietch at becca.trietch@energy.ri.gov.