RE-VOLV

Cause Area

  • Environment

Location

5 3rd StreetSuite 900SAN FRANCISCO, CA 94103 United States

Organization Information

Mission Statement

RE-volv empowers people and communities to fight climate change by investing collectively in renewable energy.

Description

We are a nonprofit organization with a mission to empower people and communities to invest collectively in renewable energy.

Through crowdfunding, RE-volv lets individuals who support clean energy chip in a few dollars to help create solar powered communities around the United States.

100% of your donation is used to put up solar panels in U.S. communities. Then we use that same donation, and the interest it earns, and do it over and over again.

RE-volv provides solar financing to community-based nonprofits and cooperatives around the country without access to traditional solar finance. These organizations save money on their electric costs while paying RE-volv back through a 20-year lease with interest. The lease payments are reinvested in a revolving fund, the Solar Seed Fund, which continually finances community-based solar projects. Over time, each dollar donated to an individual solar project will go towards financing three or more solar projects.

We want to see people-funded renewable energy in every community across the country. That’s why we started this pay-it-forward model for solar energy: so every donation can go further, build more solar, and strengthen more communities around the United States.

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