With multiple avenues of support available, the time for change is now.
As faith communities, we are not merely bystanders in a transition to clean energy—we are leaders. Guided by our shared values of care for one another and the Earth, we have the potential to drive significant change. By leveraging new federal programs and financial incentives, we can make impactful energy and resiliency improvements that inspire others to follow our lead.
Enacted in August 2022, the Inflation Reduction Act (IRA) represents U.S. history's most substantial climate and clean energy investment. Its aim is clear: to reduce greenhouse gas emissions by up to 44% by 2030, a significant step towards a cleaner, healthier future. It also promises to save lives, create millions of clean energy jobs, and lower energy bills for working families.
The IRA offers key provisions, including Clean Energy Tax Credits for wind and solar power, electric vehicles (EVs), efficiency upgrades, heat pumps, and more. And now, the IRA provides a unique opportunity for nonprofits, congregations and ministries to access rebates (instead of tax credits) through the Direct Pay Program.
Access helpful resources and more information for congregations at Interfaith Power and Light’s website.* Together, we can create a brighter, cleaner planet for future generations.
Learn more about this project on Interfaith Power and Light’s website.
Why partner with MIF and the Credit Union for solar energy projects?
The Direct Pay rebate available through the IRA is 30 percent of your clean energy project’s equipment cost, and the rebate is paid once the equipment is installed and operational. Your ministry will also realize energy savings for the long-term.
Partnering with the Mission Investment Fund and the ELCA Federal Credit Union can provide you with the up-front financing you need to get your project underway. There are many reasons to consider working with us:
We are trusted, faith-based partners
MIF and the Credit Union share your ministry's values and are dedicated to offering financial resources for faith communities.Customized financing solutions
We offer competitive rates, flexible terms, and personalized support specifically tailored to your ministry's unique financial needs.Cost savings
Solar energy has the potential to significantly reduce your ministry's energy costs, freeing up funds for other mission work.Environmental stewardship
By adopting solar energy, your ministry can reduce its carbon footprint and set a powerful example of environmental care and concern in your community.Federal incentives
Access valuable rebates that can significantly offset the initial solar or other green energy installation costs. Our team will guide you through the process.Now is the time to take the first step toward a brighter, cleaner future. Partner with MIF and the ELCA Federal Credit Union for your solar energy project today.
Take the First Step
Empower your ministry, protect the environment, and enjoy financial savings— partner with MIF and the ELCA Federal Credit Union for your solar energy projects.
Join the increasing number of faith communities that are adopting solar energy and enjoying its benefits. Fill out the form to begin your ministry's transition to sustainable energy solutions. A member of our team will contact you soon!
More information on how to take advantage of federal programs is available here.*
*This resource is for informational purposes only and does not represent an all-inclusive list of potential available resources. Other options may be available. By providing a link to this resource, MIF/FCU is not endorsing or making any claim about this resource or its services. MIF/FCU is not receiving any remuneration of any kind from the listed resource and is not engaged in any formal partnership or contractual relationship with the listed resource.
