Posts tagged: financing

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New resource available: financing energy projects

Understanding the ins and outs of financing major energy and sustainability projects is not everyone's strength. But getting more familiar with the different, sometimes creative ways you can help your institution figure out how to pay for efficiency and renewables could make a difference. This presentation was designed to help you develop more familiarity with the terms, the pros, the cons, and the contingencies to make conversations with your institution's CFO go more smoothly.

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TELP offers energy-efficiency financing for Boston-based nonprofits

As the coronavirus shutdown has threatened nonprofits’ funding, opportunities to find cost savings are more important than ever. Simultaneously, Boston-based nonprofit institutions are striving to meet the City’s carbon neutrality goals. But installing energy-saving measures can require investments that many nonprofit institutions are unable to make.

Now, Boston nonprofits can take advantage of an affordable energy-savings program with no up-front costs, thanks to the tax-exempt lease program (TELP) of the Boston Industrial Development Financing Authority (BIDFA). As an approved performance contractor of the program, GreenerU can work with museums, universities, healthcare centers, and other 501(c)(3) entities to identify and implement comprehensive energy upgrades.

On Wednesday, December 9, 2020, GreenerU's David Adamian, BIDFA's Bill Nickerson and Gisella Soriano, and the City of Boston's Brenda Pike presented an information session on TELP. You can watch the webinar below or click on links in the additional resources for more information.

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