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The Cold Climate Housing Research Center is initiating a pilot project this month to help Alaska nonprofits save money by making their buildings more energy efficient. The application process opens tomorrow for nonprofit and tribal building owners in the Fairbanks North Star Borough.
The Fairbanks Nonprofit Retrofit Pilot provides energy audits and low-interest loans to nonprofit and tribal organizations as well as guidance through the entire energy retrofit process, including arranging an energy audit, prioritizing energy improvements, arranging financing, and coordinating contractors to complete the retrofit.
In recent years, thousands of homeowners, small businesses and public buildings have taken advantage of energy efficiency programs to reduce operating costs. Homeowners have cut fuel use by an average 33% annually through AHFC’s Home Energy Rebate Program.
The goal of the retrofit program is to help the nonprofit sector substantially reduce its energy costs so that organizations can spend more on their mission. The program will also explore the cost-savings of retrofitting at a community-scale.
The pilot is made possible by $250,000 from the Denali Commission for technical assistance and energy audits. Financing will be provided under a $2.5 million loan from the Rasmuson Foundation.
If successful, the pilot project may pave the way for a statewide private financing model for small- to medium-sized energy efficiency projects.
Click here for more info and to apply. Or call Danny Powers at CCHRC at 907-450-1726.