Qualified Energy Conservation Bonds (QECB)

Qualified Energy Conservation Bonds (QECBs) are a special type of municipal bond that government entities can issue to finance projects aimed at improving energy efficiency and renewable energy use. These bonds provide upfront funding through attractive interest rates, with the government offering federal tax credits or subsidies to lower borrowing costs. The proceeds are used for projects like energy-efficient buildings, renewable energy installations, or public transportation. QECBs help governments invest in sustainable infrastructure while reducing energy costs and environmental impact, making them a strategic tool for promoting clean energy initiatives cost-effectively.