Thursday, April 14, 2016
In part two of the series Solar Financing for Congregations by California Interfaith Power & Light (CIPL), CollectiveSun's VP for Marketing and Sales Todd Bluechel and Lee Barken, Chief Community Officer share the details on how our impact investing platform makes solar for nonprofits easy, affordable, and understandable. CollectiveSun's unique Solar as a Service PPA (power purchase agreement) allows organizations to gain the benefits of solar with a discounted, locked-in electricity rate, and without future maintenance concerns.
The propietary crowd-lending campaign from CollectiveSun gives organizations access a low interest loan, funded by their own community, at much lower than a bank rate. The stakeholder-lenders are church members, community supporters, and congregants who receive an annual payout on their investment. In a continued cyle of generosity, many lenders donate those proceeds back to the church or the organization. Enjoy the webinar to learn more and get answers to many FAQs.
The solar program is one of many from CIPL led by Allis Druffel, which provides resources and referrals on energy efficiency, renewable energy, education and advocacy for houses of worships.