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Minneapolis studying on-bill financing for efficiency projects
Energy News Network: The city of Minneapolis is exploring an emerging model for paying for energy efficiency improvements through customers’ utility bills.
Supporters of “inclusive financing” say it can help broaden access to energy efficiency programs, which often fail to reach renters, lower-income customers, and those with poor credit scores.
“We have to find a way to expand clean energy efforts to a much larger population,” said Ellen Anderson, executive director of the University of Minnesota’s Energy Transition Lab, which is using a $50,000 grant from the city and McKnight Foundation to study how the model could be deployed.
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