Miller supporting vermonters by supporting renewable energy vermont business magazine electricity distribution losses

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by Rob Miller, CEO, VSECU Unlike many financial institutions, VSECU is not emoji gas station run by outside investors, we’re run by our members. This makes us uniquely positioned to respond to what Vermonters need from their lenders. That’s why we’ve put a strong focus on investing in renewable energy. Our members know that investing in efficient physics c electricity and magnetism renewable energy supports Vermont and our local economy.

Supporting Vermonters’ investments in efficient renewable energy also allows them to invest the savings from those projects into our local economy, supporting our restaurants, stores, and incredible outdoor opportunities. The report shows that switching from a gas vehicle to an electric vehicle, for instance, can save up to $10,000 on operations and maintenance over 150,000 gas jobs crna miles—savings that will likely be spent elsewhere in the economy, rather than going overseas. Looking statewide, the report cites k gas station the American Lung Association’s finding that Vermont stands to save $313 million in total health and climate costs by transitioning to electric vehicles k electric jobs 2015 by 2050.

Supporting Vermonters’ investments in renewable energy supports Vermont’s economy. As EAN’s report shows, 78 cents of every dollar spent on fossil fuels leaves our state’s economy, rather than being put to use here at home. Using a locally owned credit union to invest those dollars on renewable fuel and clean electricity keeps more electricity magnetism and electromagnetism and more of those dollars in-state – two-to-four times as much as when we spend them on 10 percent imported fossil fuels.

EAN’s report emphasizes that the transportation and thermal sectors are the biggest energy wb state electricity board recruitment 2015 users (86 percent of Vermont’s energy use) and emit the most greenhouse gases (over 70 percent of Vermont’s emissions). In order to reduce emissions and become more efficient in those sectors, we need a total energy approach. One of the best options we have available to get off fossil fuels for transportation and for heating and cooling our buildings is by using our renewable electricity to power electric vehicles and heat pumps. We also have electricity font generator the unique opportunity to sustainably manage our local forests and heat our homes with locally sourced wood electricity grid code pellets and chips through advanced wood heating.

That’s why VSECU supports low-interest, cost effective financing options across the total energy spectrum. Our VGreen program supports renewable energy projects and purchases like weatherization, solar installations, and energy-efficient vehicles. We’ve offered this program since 2012, to help our members reduce gasbuddy map their carbon emissions. It also helps borrowers looking to switch to an electric vehicle to unlock those savings. Our Heat Saver Loan supports weatherization projects to reduce energy loss in homes and buildings , and makes it affordable for members to switch to renewable heating sources like electricity and magnetism pdf heat pumps or advanced wood heat (pellet electricity distribution companies stoves and boilers, for instance).

We look forward to continuing to grow and expand these programs to speed our transition to a more financially and environmentally sustainable future. Our staff and our member-owners know that this is what Vermonters want, what Vermont needs, what our planet needs, and what will ultimately help the financial security of VSECU to enable us to support Vermont’s values long into the future.

VSECU is a Montpelier-based member-owned cooperative electricity off and not for profit credit union for everybody who lives or works in Vermont, offering a full range of affordable financial products and services to its member-owners. VSECU is committed to improving the lives of Vermonters by empowering the possibilities for electricity projects for grade 7 greater social, environmental, and financial prosperity. www.vsecu.com.