At Renew Financial, we see energy and efficiency financing as the single most effective way to improve our built environment. We make it possible for homeowners to access the many benefits of increased efficiency and renewable energy, without the high upfront costs. And since more efficiency leads to lower utility bills and less pollution, simple changes have tremendous impacts for our customers and their communities, year after year.
We were founded on the belief that a strong mission, passionate people, and an eagerness to innovate will generate success. We collaborate, learn, and inspire at all levels of the company, and we are united in our drive to do good for our environment and the future.
National energy finance leader
With financing from Renew Financial, homeowners can borrow 100% of project costs and pay back the cost of home efficiency upgrades over the course of 5 to 30 years. Our financing program is available to millions of homeowners in California and Florida, and we're growing every day. We originated the concept of PACE (Property Assessed Clean Energy) financing, and we continue to be leaders and innovators in energy and efficiency financing.
Home energy and water upgrades made possible by Renew Financial have already created more than $900 million in energy savings for our customers, as well as 1.65 million megatons reduction in Greenhouse gas emissions. That's equivalent to taking 347,000 cars off the road for an entire year!
