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In today’s volatile economic environment with general fund budget shortfalls, decreasing tax revenue and higher funding demands on social programs, it is difficult for municipalities to address non-federally funded green and environmental programs.  There is however a solution.  Under statute AB 811, cities and counties in California have the independent authority to create local special improvement districts for the funding of energy efficiency and renewable energy improvements in residential and commercial buildings.

To meet this end, REEIS and its consultants have developed a REEIS Municipal Partnership Program designed to work with cities and counties throughout California to develop municipal programs to help facilitate the implementation of energy efficiency and renewable energy improvements within its incorporated area. 

As part of the REEIS Municipal Partnership Program, REEis and its consultants can provide the following services:

  • Program development support services
  • Application intake model
  • Program guideline assurance
  • Alternative financing solution

The REEIS Municipal Partnership Program enables a municipality the opportunity to become a first mover in developing a program with wide scale market penetration by eliminating the barriers to entry currently hindering the efficiency and renewable markets. 

Energy efficiency and renewable energy special improvements districts can provide the municipality with:

  • Increased household spending dollars into the economy thru lower residents utility expenses
  • Meet its climate change and clean energy goals
  • Create jobs
  • Reduced greenhouse gas emissions
  • Increased general fund taxes through economic stimulus, property tax value increase and sales tax increase

 

 

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