With no upfront costs, this innovative financing tool makes energy efficiency affordable to all

From Nate Berg / ENSIA: North Carolina’s Roanoke Electric Cooperative is helping members bring down energy costs. Because the energy costs in this area is due to a lack of energy efficiency, the cooperative offers tariffed on-billing to help homes offset expenses like insulation and new heat pumps. The tariffed on-billing uses federal loans to pay for said expenses, and then the customer pays the tariff charge in their bill – which ends up being lower because of the energy-efficient upgrades.

Click here to read the original story.

Issue Areas:

Climate Change Adaptation and Mitigation, Environment, Poverty Reduction Measures

Impact Areas:

Environmental Sustainability, Sustainable Finance

Actors:

Businesses, Government

Communities Served:

Communities Experiencing Economic Hardship, Workers

Strategies:

Easing Economic Burdens for Individuals, Increase Education / Insights Sharing, Utilizing Sustainable or Renewable Resources

Success Factors:

Business With Social Goals, Empowering People, Expanding Access, Meeting People Where They Are At, Overcoming the Big Challenges

Geographic Region:

North America

Countries:

United States

Date:

February 26, 2019

More Resources:

Conversation with Hannah Rothschild

Hannah Rothschild is Lead of Knowledge Uptake and Communications at Bernard van Leer Foundation. Her background is a merged expertise in urban policy, multi-stakeholder collaboration, and strategic communication. Previous diverse roles, ranging from environmental start-ups to international organisations, have deepened...

Less is more: Lithuanian company’s experiment with shorter working hours

From Domantė Platūkytė / LRT: A company in Lithuania cut back the work day from eight to six hours and noted an increase in morale without any negative impact on productivity. Employees reported a better work-life balance, reducing their stress...

The Radical Idea of Making Sure Everybody Has Enough Money to Live On

From Laura Paddison / Huffington Post: The results of a universal basic income (UBI) program in Kenya show the positive ripple effect of giving everyone money on a consistent basis over the course of several years. Recipients have been able...

Conversation with Ana Rosa de Lima

Ana Rosa de Lima is the founder of Meli Bees Network gUG, a nonprofit driven by a new generation of climate activists from the Amazon. Her organization is dedicated to connecting Indigenous communities, researchers, and environmentally engaged groups around the...

Brazil’s Bolsa Família welfare program lifted 3 million out of poverty in 2023: Gov’t

From Thiago Alves / Brazil Reports: Bolosa Famila, a social welfare program in Brazil aims to help bring Brazilians out of poverty. Paying R$ 600 ($119 USD) per month enables families to cover basic monthly costs such as food. The...

Conversation with Sabrina Habib

Sabrina Habib is a social entrepreneur & global leader advocating for quality childcare, early childhood development, and women’s economic empowerment. She is the Co-Founder and CEO of Kidogo, the leading childcare network in Kenya, serving over 38,000 young children in...