Episode 4: How does Mission Energy help nonprofits consider the financial variables of a solar project?

Nonprofit organizations want to be sure that new solar power and energy efficiency installations will have favorable economic benefits. 

Robert Quist—Mission Energy’s Chief Investment Officer—finds financing options for each nonprofit organization’s solar projects and verifies that renewable energy will improve the nonprofit’s bottom line. 

In our first Empowering Good episode of the new year, Robert distills complicated financial considerations down to nickels and dimes. He answers: 

• [1:10] - What is a feasibility study? Why does Mission Energy provide this analysis right up front? 

• [4:55] - How can energy efficiency solutions help a project? Why do LED lighting and solar play well together? 

• [7:20] - What benefits come from economies of scale? 

• … and more. 

Robert says, “An important goal is to cut [the nonprofit organization’s] operating costs... by reducing their electric bill from their utility. In effect, we look to how much they’re paying now, how much they paid historically for the electricity that they use... and we endeavor to create a structure where that expenditure will reduce once the project is placed in service.” 

Thank you for tuning in to Empowering Good. We welcome you to join us later this month for a live webinar to answer any questions about how to make sure a prospective solar project has favorable economic benefits.

Webinar: How to evaluate your nonprofit for solar 

A 30-minute lunch presentation, with time for audience questions

February 25th at 12 p.m. Eastern

Upon registration, you will receive the Zoom link for the webinar: