#2085 - Financing Renewable Energy &Efficiency Projects... IEPA#:5206
Renewable Energy and Efficiency Projects with Qualified Energy Conservation
Delivered on: 07/31/12
IEPA #: 5206
RTC Hours: 1.00
Total Hours: 1.00
Presented By: Dan Kaplan, Kaplan Financial Consulting, Inc.
SUMMARY: In 2009,
Illinois counties and cities received a $134 million allocation of Qualified
Energy Conservation Bonds (QECBs).
QECBs are taxable bonds issued by local governments in which the
issuer receives a direct cash payment from the U.S. Treasury for a
substantial portion of the interest cost on the borrowing. For eligible projects, QECBs can provide
water and wastewater utilities with very low interest rates (from 0% to 1.5% in
the current market) for terms up to 22 years.
An estimated 105 projects totaling
$637 million have been financed with QECBs across the country. The webinar will discuss the types of
energy efficiency and renewable projects that can be financed by QECBs and
give examples of QECB projects in Illinois and elsewhere. QECB financings will be explained,
including the process of obtaining an allocation, issuing the bonds and
determining the amount of the subsidy.Daniel Kaplan, President of Kaplan
Financial Consulting, Inc. has worked with local governments for the past 25
years on the planning and sale of bond issues for their infrastructure
projects. At Watercon 2011, Mr. Kaplan
presented "How to Pay for the Treatment Plant Overall” which discussed the
$150 million capital improvement program for the Springfield Metro Sanitary
Cost: Illinois Section AWWA Members: FREE; Nonmembers: $30.00
you have purchased the archived webinar, you will receive an email
confirmation. This email will include a link to the directions on how to
view the webinar and obtain your training credit hours and certificate.