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:

How cash transfer beneficiaries build wealth in Kwara

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

...

The Surprising Lives of Germany’s ‘Basic Income’ Raffle Winners

From Marjolein Koster, Ties Gijzel / Reasons to Be Cheerful: A randomly selected group of lucky Germans are reaping the benefits of a guaranteed monthly income. An organization raffles off a year’s worth of guaranteed monthly income, allowing recipients to...

Portland Youth Exercise Power through Participatory Budgeting

From Rebecca Jacobson / Reed Magazine: Through Youth Voice Youth Vote, nearly 800 young people in Portland took part in a participatory budgeting process to decide how to spend $500,000 in American Rescue Plan Act funding. The winning projects, including...

Conversation with Katja Čič

Katja Čič currently works as the Programme Director at the International Youth Health Organization (YHO). Katja is also a part of the WHO Youth Council where she co-chairs the Working Group on Climate Change and Health, and is a part...

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...

Conversation with Alexandra Quinn & Sue McCarron

Alexandra Quinn, CEO of Health Leads, has extensive experience in the non-profit and governmental sectors, focusing on equity, justice, education, and health. Her leadership builds on years of collaboration with healthcare systems, public health, and community partners nationwide. Health Leads...