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 Luis Camargo

Luis Camargo is the Founder and Director of the Organization for Environmental Education and Protection (OpEPA). OpEPA is a non-profit organization that holds registrations in both Colombia and the USA and is dedicated to promoting nature-based and regenerative education, heritage...

How financial counseling at the pediatrician’s office can help families thrive

From Pien Huang / NPR: In an effort to improve child healthcare, a program at the Harbor-UCLA Medical Center matches low-income families with financial coaches when they come in for their child’s appointments. The coaches help them address financial stressors,...

A revolution in helping Africa’s poor: Cash with no strings attached

From Katharine Houreld / The Washington Post: GiveDirectly runs a program that gives a lump sum of cash directly to those in need, without needing to qualify with other specifications (such as school enrollment or vaccination status). Lump sum funds...

What one county agency is doing to keep its employees whole

From Cheryl Splain / Knox Pages: The Knox County Department of Job & Family Services has implemented a two-pronged approach to improve the wellbeing of employees. One addresses immediate needs through counseling and additional employee benefits and then a longer...

Conversation with Mafah Cornelius Kuta

Mafah Cornelius Kuta is a regenerative farmer and former principal in Cameroon. Mafah’s goal is to create and establish a regenerative agriculture school and regenerative agriculture movement by equipping farmers to regenerate land within culturally relevant and ecologically-appropriate contexts. Mafah...

Conversation with Ashish Kothari

Ashish Kothari, based in Pune, India has helped found or coordinate a number of organizations, movements, and processes, including Kalpavriksh, Vikalp Sangam, ICCA Consortium, Radical Ecological Democracy, and the Global Tapestry of Alternatives. He is co-editor of Alternative Futures: India...