Browse wiki

From Open Energy Information

First Known Use of QECBs will Save Yolo County at lease $8.7 Million of the Next 25 Years
Developer National Renewable Energy Laboratory +
Implementation Phase Develop Finance and Implement Projects  +
Name First Known Use of QECBs will Save Yolo County at least $8.7 Million of the Next 25 Years  +
OpenEI/CETSI/Availability Publicly available--free  +
OpenEI/CETSI/Baseline Estimated 651,470 metric tons of carbon dioxide in 2008 (based on Yolo County's Draft Climate Action Plan, available at http://www.yolocounty.org/Index.aspx?page=2004.  +
OpenEI/CETSI/CommunityPopulation 200,709  +
OpenEI/CETSI/CommunityType County  +
OpenEI/CETSI/Goals Reduce 2008 emissions to the levels estima
Reduce 2008 emissions to the levels estimated for 1990 (i.e., 613,651 metric tons, or a 5.8% reduction). The county's draft Climate Action Plan also includes voluntary goals to reduce GHG emissions by 27% by 2030, 53% by 2040, and 80% by 2050, all relative to a 1990 baseline.
by 2050, all relative to a 1990 baseline.  +
OpenEI/CETSI/Highlights This project represents the first known us
This project represents the first known use of qualified energy conservation bonds (QECBs) and combined use of QECBs and clean renewable energy bonds (CREBs) in the United States. This case study provides a description of these and other financing mechanisms and provides detail on Yolo County's timeline and decision-making process for choosing funding sources for its PV project. The case study also includes seven lessons learned from Yolo's experience that may assist other communities in implementing a similar process. Finally, the report contains links to several other resources for information about CREBs, QECBs, and Tax Exempt Lease Purchase financing.
, and Tax Exempt Lease Purchase financing.  +
OpenEI/CETSI/Metrics The intent of this project was to develop
The intent of this project was to develop a 1 MW solar PV array. The community's unique use of various financing mechanisms to install the system are projected to save approximately 8.7 million dollars (i.e., $18.1 million in utility savings with a system cost of $9.4 million) over the 25 year life of the project.
ion) over the 25 year life of the project.  +
OpenEI/CETSI/Overview In July, 2010, Yolo County, CA installed a
In July, 2010, Yolo County, CA installed a 1 MW solar photovoltaic array to supply power to a local jail and a juvenile center. This brief case study overviews the county's use of a variety of financial mechanisms--including qualified energy conservation bonds (QECBs), clean renewable energy bonds (CREBs), loans, and utility rebates--to fund this project.
and utility rebates--to fund this project.  +
OpenEI/CETSI/PublicationDate February 1, 2011  +
OpenEI/CETSI/Results Not available  +
OpenEI/PageKeyword Energy  +
OpenEI/Tool/Locality Yolo County, California  +
ProgramResources Case studies/examples  +
ProgramSector Energy  +
ProgramTopics Finance  +
Sector Energy Efficiency + , Solar +
Website http://financere.nrel.gov/finance/content/first-known-use-qecbs-will-save-yolo-county-least-87-million-over-next-25-years  +
Categories CETSI Resources , Tools , Pages with reference errors
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
19:15:53, 27 September 2011  +
Page has default form CETSI Resource  +
hide properties that link here 
  No properties link to this page.
 
Enter the name of the page to start browsing from.