Power Belief has launched its 2023 annual report that highlights advantages to clients and communities in addition to outcomes towards its 2020-2024 Strategic Plan and range, fairness and inclusion targets.
The 2023 outcomes transcend power financial savings and technology. Whereas Power Belief exceeded its power targets, it additionally launched new packages and partnerships that assist individuals and companies as they navigate rising prices and the consequences of local weather change.
That’s the case with Neighborhood Companion Funding, which gives increased incentives by way of trusted community-based organizations that serve households with decrease incomes, communities of coloration, rural and indigenous communities. Since 2019, companions have delivered greater than $5 million in Power Belief incentives to greater than 2,500 Oregon households whereas additionally making their properties extra snug and safer.
Whether or not it’s supporting small companies with no-cost lighting upgrades, working with utilities on community-focused packages or supporting the subsequent technology of unpolluted power professionals, Power Belief’s annual report is stuffed with tales that illustrate how its work helps strengthen communities and produce equitable advantages to Oregonians.
Since 2002, Power Belief has helped 825,000 companies, clients and communities reap the advantages of unpolluted power, which has saved them $7.2 billion on utility payments.
Collectively, these clients have saved and generated 1,120 common megawatts of electrical energy and saved 100 million annual therms of pure fuel. These investments add as much as 42.9 million metric tons of carbon dioxide averted, which retains our air cleaner and helps the state’s local weather targets.
Along with this newly launched report, Power Belief offers a extra detailed annual report back to the Oregon Public Utility Fee on the group’s program actions, power financial savings, renewable power technology and financials.
This 12 months, Power Belief is searching for suggestions from stakeholders and the general public on the contents of that report. Suggestions will be offered by way of Power Belief’s web site by way of June 15.
