The City of Spokane, WA has been working with the New Energy Cities team since October 2009, when it conducted a Workshop on October 13-14, 2009.
Spokane Mayor Mary Verner brought together representatives from the business, nonprofit, and academic communities, as well as the public sector and Avista, the utility that serves the Spokane area, to explore various new energy solutions that would create local jobs and decrease dependence upon fossil fuel.
Avista loaned an executive to the City to assess the opportunities for energy efficiency, which will be unveiled at a meeting in February 2011.
In addition, Avista has developed an energy efficiency loan program with Sustainable Local Investment Partners (SLIP) that is currently getting off the ground. SLIP will administer a revolving loan fund that will finance energy efficiency and conservation improvements recommended in commercial and residential audits. The lenders are backed by a loan loss reserve fund created with $1MM that Avista received in credit enhancement funding from Washington state. The loan loss reserve will allow the lenders to offer discounted interest rates or some other type of advantaged terms.
To see the agenda and slides from the Spokane Workshop, please click the title that interests you: