Renewable energy and energy efficiency have an unexpected ally in Oregon

These days you’ve probably noticed a lot more solar panels around Oregon. From the roof of the state Capitol building to roofs around your neighborhood, people have been implementing innovative ways to boost their energy efficiency.

Public utilities and nonprofits are leading the charge in bringing affordable options to people and businesses around the state. But Oregonians are also finding an unexpected ally in the movement for efficiency: the bank.

At Umpqua Bank – the Oregon-based community bank — known for its friendly staff and stores that serve as community hubs and gathering places — team members have been partnering with organizations like Energy Trust of Oregon and Solar Oregon since early 2008. Umpqua’s role in these partnerships: offering low-interest, no-fee loans for energy-efficient and renewable power projects in their communities. They call it GreenStreet Lending.

Initially developed in partnership with Energy Trust of Oregon, GreenStreet is Umpqua’s answer to the rising need in their communities for energy-saving improvements. Organizations like Energy Trust and Solar Oregon provide educational resources, efficiency assessments, and improvement plans to consumers and businesses, and Umpqua provides the financing that makes these improvements accessible and affordable.

GreenStreet loans are applicable to a wide variety of projects, from home improvements like insulation and air sealing, to whole-business energy retrofits, and even auto loans for eco-friendly vehicles.

The best example of GreenStreet in action is Solar Oregon’s “Solarize” communities, in which neighborhoods band together to purchase solar electric systems in bulk. All across Oregon, communities have driven down the individual costs associated with going solar, while Umpqua has provided help with loans that make the process as simple and encouraging as possible.

To date, there have been twelve successful Solarize communities in Oregon, with four more slated for 2014. Along with the usual cast of community members and contractors, chances are Umpqua will be part of the plans.

Related Posts
Filter by
Post Page
Transportation Solutions Water News Featured Air Quality Climate Protection OEC News/Updates/Events Policy Toxics-Free Environments
Sort by

Oregon House of Representatives’ adoption of HB 2020 sends legislation to Senate

OEC applauds the continued progress to climate history SALEM — Oregon’s House of Representatives continued h
June 18, 2019, 3:26 am
tonyh

9

Oregon’s landmark climate bill moves toward Ways and Means, historic action

Natural Resources subcommittee OKs HB 2020 after amendment FOR IMMEDIATE RELEASE – June 5, 2019
June 6, 2019, 3:32 am
tonyh

9

Oregon Lawmakers Take Action Against White House Attacks on Environmental Policy

FOR IMMEDIATE RELEASE May 15, 2019 PORTLAND, OR – The Environmental Protection Act (HB 2250) has passed the Senate and is headed to the desk of Gov. Kate Brown. HB 2250 ensures that Oregon’s s
May 15, 2019, 8:24 am
kristas

9

U.S. Supreme Court passes on hearing oil industry challenge against Oregon’s clean-fuels momentum

The Clean Fuels Standard continues immense success, to remain for decades FOR IMMEDIATE RELEASE May 13, 2019
May 14, 2019, 12:30 am
tonyh

9

22 milestones for Oregon in 2018

Oregon Environmental Council has a bold agenda for 2019, but before we jump ahead we pause to reflect and to express our gratitude to the extraordinary community partners, civic leaders, board members and donors who stood up for a better Oregon for all. We celebrate and share these important milestones in creating a healthier environment for all Oregonians.January: Home Energy Score ordinance takes effect.
December 20, 2018, 9:37 pm
admin

9

Oregonians attend DEQ hearing to speak against EPA rollbacks

Dozens of concerned Oregonians left messages of opposition to proposals that would reverse environmental standards that protect our climate from greenhouse gases and communities from harmful air pollution during a public gathering in Portland. Organized by the
October 24, 2018, 4:33 pm
tonyh

9

Oregon’s proposed law shields the state from federal rollbacks

Gov. Brown proposes to enshrine Clean Air and Clean Water Act protections into law
October 3, 2018, 9:22 pm
admin

9


1 Reply to "Renewable energy and energy efficiency have an unexpected ally in Oregon"

  • Pete Auseklis
    October 15, 2014 (6:49 pm)
    Reply

    Oregon needs more “Solarized” communities. There’s tremendous opportunity for this east of the Cascades. What are we waiting for?


Got something to say?

Some html is OK