Full Title: Leveraging State Clean Water Revolving Funds to Expand Clean Energy Financing
Author(s): Jeff Pitkin, Jeff Deason, and Greg Leventis
Publisher(s): Berkeley Lab
Publication Date: February 5, 2024
Full Text: Download Resource
Description (excerpt):
To meet clean energy goals, states will need significant capital. Federal funding from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act will help, including by capitalizing clean energy state revolving loan funds (RLFs). States can leverage state clean water revolving funds to finance even more clean energy improvements. New York and Pennsylvania have used this innovative mechanism to extend the impact of their clean energy loan programs.
For states looking to extend the reach of their clean energy financing programs, the brief:
1) Explains how each state leveraged their state revolving funds,
2) Identifies critical success factors for doing so, and
3) Offers key elements for replicating this model