Making Clean Energy Accessible: Nonprofit Financing with Andy Posner | Ep 154

Please take our listener survey.Today on the Clean Power Hour making clean energy accessible and affordable for low-to-moderate income families and communities with Andy Posner CEO and Founder, Capital Good Fund.Capital Good Fund is a non-profit financial institution on a mission to provide affordable financing for renewable energy and energy efficiency upgrades to low and moderate-income households. Andy Posner founded Capital Good Fund in February of 2009 while getting his Master of Arts in Environmental Studies at Brown University, where he was studying financing mechanisms for clean energy.In this episode of The Clean Power Hour, we discuss the challenges many families face in accessing clean energy solutions, including the difficulty in utilizing federal tax credits and the high upfront costs. Posner explains Capital Good Fund's innovative financing models, including 0% interest loans and new leasing programs enabled by the Inflation Reduction Act.The conversation covers how state policies like net metering along with federal incentives can transform the economics of rooftop solar. Posner also shares his perspective on the installer shortage, permitting delays, and consumer skepticism as barriers to adoption.Andy shares how his organization, Capital Good Fund, provides financial tools like loans and leases to help underserved populations adopt technologies like solar panels and heat pumps. He explains the various federal and state incentives available, challenges with current policies, and innovative ways nonprofits can utilize tax credits.Key TakeawaysCapital Good Fund's nonprofit model and portfolio of loans to underserved communitiesLayering federal, state, and local incentives to improve solar economicsChallenges securing capital in rising interest rate environmentBarriers to clean energy adoption for Low-Income American families Financing products like long-term, low-interest loansState policy impacts on solar economicsCapital Good FundFollow Capital Good Fund on LinkedInConnect with Andy Po Support the showConnect with Tim  Clean Power Hour  Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email:  [email protected] sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems.  Learn more at www.chintpowersystems.com