Renew Financial Reaches $1 Billion Milestone for Funded Projects

Renew Financial reached a milestone of $1 billion in funded projects across its Property Assessed Clean Energy (PACE) and EnergyLoan financing programs.

Reaching this milestone demonstrates the success of Renew Financial’s promise to partner with homeowners to make affordable and easy the process of upgrading their home with energy efficiency, renewable energy and water efficiency innovations.

With this project funding milestone, Renew Financial has helped to:

– Create more than 15,000 jobs across 15 states
– Conserve 877,176,637 gallons of water – enough water for 48 million showers
– Realize over $1.5 billion in energy savings over the life of its projects
– Cut total greenhouse gas emissions by 2.3 million metric tons – equivalent to the yearly emissions of 485,000 cars
– And fund nearly 83,600 projects through the end of 2016

Renew Financial’s goal of making home efficiency upgrades affordable and transparent adheres to the highest standards, including government accountability and partnership agreements, an unmatched and enthusiastic contractor network and the industry’s strongest consumer protections.

Having reached $1 billion in funded projects, Renew Financial recently expanded its business to Florida, where many homeowners and businesses will now benefit from Renew Financial’s financing options that make home efficiency upgrades affordable. Going forward, Renew Financial will continue to seek expansion opportunities across the 33 states which have passed PACE-enabling legislation.

Photo: courtesy of Renew Financial