Have you ever wondered how you can support the clean energy movement? Clean Energy Credit Union presents a new, exciting opportunity to join the fight against climate change, protect the environment, and invest in sustainable practices.
Clean Energy Credit Union is a member-owned, member-governed financial institution with a unique twist: it is focused exclusively on loans that help people fund clean energy projects such as solar electric systems, electric vehicles, home energy efficiency retrofits, electric-assist bicycles, and more.
A group of clean energy enthusiasts came together to develop the Clean Energy Credit Union. According to Amanda Bybee, one of the primary organizers, the official process to form the lending institution started back in 2014.
“The motivation was to create a financing mechanism for homeowners that felt more transparent, that had competitive terms, and that would harness the power of the world at large to support clean energy in an innovative way,” Amanda explained.
Clean Energy Credit Union is one of just 17 new federal charters that has been approved since 2017, and the first one based in Colorado in over 30 years. However, anyone in the U.S. with a membership to the American Solar Energy Society (ASES) can join and make use of the financial services.
“We will operate entirely online, so that the operational overhead of Clean Energy Credit Union is really lean, and then we can put that back into low interest rates on our loans,” Amanda explained. Clean Energy Credit Union is federally insured, which presents a low-risk investment opportunity for members.
Individuals interested in supporting this unique, grassroots movement to make clean energy investments more accessible can participate in two ways:
- Donate online today to the crowdfunding campaign. A donation of $40 includes a one-year membership to ASES, a requirement for joining Clean Energy Credit Union.
- Become a member by the end of the year, when it opens for business, with a savings account or a CD.
“Our hope that this becomes a mechanism to accelerate the adoption of clean energy and enable everyone to participate in the clean energy movement. We believe that the interest is out there for people to put their money in places that are meaningful,” Amanda explained, “It’s just about getting the word out to them.”
You, too, can spread the word about this innovative investment opportunity by sharing the website and crowdfunding page with your friends, family, and network today.