The Mountain BizWorks Electrify Fund has launched to connect Western North Carolina businesses and nonprofits with affordable financing for clean energy and efficiency investments. The program will support healthy communities and economic growth by helping organizations reduce energy costs and rebuild with resilience.
The Electrify Fund is available to fund the following project types:
• Solar Energy and Storage to lower energy costs and provide more reliable electricity.
• Energy Efficient Buildings to help building owners save money through projects like efficient lighting, insulation, HVAC, air sealing and other technologies.
• Electric Vehicles and Equipment to reduce fuel costs for businesses reliant on fleet vehicles or mobile machinery.
• Capital for Clean Energy Businesses to provide affordable funding to help businesses scale their operations and grow WNC’s clean energy economy.
The first project funded under this new program is for Bryson City United Methodist Church, whose Finance Committee and Creation Care Committee prioritized installing a solar power system. Their plan will save over $1,000 per month in electricity costs, and pay itself off in 7 to 8 years.
Businesses and nonprofits interested in financing options available through the Electrify Fund should fill out the form at electrifyfund.org/apply-for-funding. A member of the team will reach out to discuss your project and begin the application process.
For organizations that are interested in clean energy and efficiency but don’t know where to start, the Electrify Fund also has resources to help determine the best options. Businesses and nonprofits can apply to receive a free energy assessment of their building and connect with a supportive network of knowledgeable local contractors. Connect with the Electrify Fund at electrifyfund.org today to get started.