"Michigan Saves"Season 2 • Episode 6
How can innovative financing incentivize private investment and accelerate the transition to clean energy? We sat down with Mary Templeton to find out.
Mary is President and CEO of Michigan Saves, a multimillion‐dollar nonprofit organization whose mission is to stimulate and support investment in energy efficiency and renewable energy systems in homes, businesses, and public buildings. Mary’s prior work includes several high‐level executive roles with international companies, including R.L. Polk & Company and the SAS Institute. She is also a founding member and vice president of the board of directors for a nonprofit called Advancing Women in Energy, and is a past member of the Michigan Women’s Commission.
Nick Hylla, MREA Executive Director
Amanda Schienebeck, MREA Program Manager
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Michigan Saves’ Work
Michigan Saves: Their mission is to stimulate and support investment in energy efficiency and renewable energy systems and measures in Michigan homes, businesses, and public buildings.
On-Bill Financing for Home Energy Improvements, Mary Templeton and Tim Arends’ Rise Up Call to Action Article, pg. 51
Connect with Michigan Saves
“Kind of the magic that we bring is from the investment that the state and then the federal government did make in us, where we use these investments… to back the lenders in case of default.
And we don’t eliminate the risk… we share the risk, and so it mitigates it so that those lenders are able to offer more expansive programs with more access, and in some cases it allows us to offer loan payments that are paid for through the monthly utility bill savings.”
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The Midwest Renewable Energy Association (MREA) is a nonprofit organization with the mission to promote renewable energy, energy efficiency, and sustainable living through education and demonstration.