Building solar through community. Building community through solar. - - PowerPoint PPT Presentation

Building solar through community. Building community through solar.

Tess Isemann isemannt1@udayton.edu 513-518-5886

People-Funded Renewable Energy

WHAT IS RE-VOLV?

People-Funded Renewable Energy WWW.RE-VOLV.ORG

501 c3 Nonprofit Incorporated in 2011 Based in San Francisco

A nonprofit that empowers citizens to spearhead solar energy projects for nonprofits in their community. The proceeds from each project grow a revolving fund to finance additional solar energy projects nationwide.

Step 1: Empower

People-Funded Renewable Energy WWW.RE-VOLV.ORG

WHAT IS THE SOLAR SEED FUND?

Identify

a nonprofit who can benefit from solar

Fundraise

to solarize that nonprofit

Generate

returns on that solar asset

Reinvest

returns in the next nonprofit

People-Funded Renewable Energy WWW.RE-VOLV.ORG

Fundraise

Raise money through crowdfunding

Invest

Invest in solar energy projects for nonprofits

Pay it Forward

Invest returns into more solar energy projects

HOW THE REVOLVING FUND WORKS

Solar Financed with Revolving Fund Traditional Solar Finance

Years Solar Communities

People-Funded Renewable Energy WWW.RE-VOLV.ORG

Our Financing Model with Non-Profits

HOW THE LEASE WORKS

• Lease-to-own agreement
• No money down and no buy-out cost
• Monthly lease payments are 15% less than the

current cost of electricity

• Performance guarantee
• Full operations and maintenance package

PROOF OF CONCEPT

People-Funded Renewable Energy WWW.RE-VOLV.ORG

18 nonprofit solar leases signed in CA, ME, OH, PA, SC, and WI, totaling 250+ kW Saving nonprofits $1.5M in electricity costs Raised $300,000 from 1,500 donors in 38 states and 22 countries Our revolving fund is now worth $700,000 in future lease payments, which will build 20 more solar energy projects

Questions or Comments?

People-Funded Renewable Energy

THANK YOU