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 Sarah Queblatin

Sarah Quebaltin, a regenerative design strategist from the Philippines, has 15 years of experience in peacebuilding, cultural heritage conservation, environmental education, and humanitarian assistance. She specializes in designing collaborative ecosystems through innovation labs and learning journeys, transforming Disaster Risk Reduction...

Climate disasters hit poor people hardest. There’s an obvious solution to that

From Sigal Samuel / Vox: An effective way to help those most vulnerable to climate disasters is by providing just-in-time cash transfers right before a disaster hits for them to use as they see fit for resilience and climate change...

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...

Dubai becomes world’s first paperless government

From Varun Godinho / Gulf Business: The government of Dubai became the world’s first paperless government with all 45 government entities providing digital services. Becoming entirely digital has been more efficient for public service delivery and reduces harmful environmental impacts....

Conversation with Kumi Naidoo

Kumi Naidoo is a prominent South African human rights and environmental justice activist. Naidoo spoke with Ashley Hopkinson on December 15, 2023. Click here to read the full conversation with insights highlighted. Ashley Hopkinson: Can you introduce yourself and tell...

Conversation with Anita Chandra

Anita Chandra (she/her) is vice president and director of RAND Social and Economic Well-Being and a senior policy researcher at RAND. The division that she leads covers a range of topics at the intersection of social and economic policy and...