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.

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. 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.

Congratulations to all the municipalities and school districts that have borrowed funds for energy efficiency and renewable energy projects! For a great example of how to take advantage of EBF funding you can read a short case study of Westerly’s success.


Current Funding Round Schedule and Application Documents

The full timeline for Round 8 is below:

Round 8 Schedule Timeline
Deadline to request building energy audits Friday, August 30
Notice of application period posted Monday, September 23
Application Posted on Office of Energy Resources Website Thursday, October 3
Questions are due to the Office of Energy Resources Thursday, October 10
Applications are due to the Office of Energy Resources Friday, October 18 by 5pm
Office of Energy Resources notifies applicants of completeness Friday, October 28
Missing application components due to Office of Energy Resources Tuesday, November 5
Project Priority List posted for public comment Wednesday, November 13
Public comment period closes Wednesday, November 20
Project Priority List finalized, and selected borrowers notified by Rhode Island Infrastructure Bank Wednesday, November 27

 

Round 8 (Fall 2019)

Round 8 Project Priority List

Application Documents

Energy Efficiency Projects: Application and Submission Instructions
Renewable Energy Projects: Application and Submission Instructions
Round 7 – Project Summary Form

Information from Prior Funding Rounds

Round 7 (Spring 2019)

Round 7 Project Priority List
Round 7 Score Sheet for Energy Efficiency Projects
Round 7 Score Sheet for Renewable Energy Projects


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

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 Nathan Cleveland at Nathan.Cleveland@energy.ri.gov.