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Ando and Virginia Community Capital Invest in Solar
As you know, solving the climate crisis requires us to look at the big picture -- the more holistically we can think, the better. That’s why we at Ando and our partners at Virginia Community Capital (VCC Bank) don’t just invest in the installation of solar energy systems, but also the installers of those systems. This is just one example of effective Sustainable Banking can be!
Like the small businesses that need funding for solar installation, solar contractors often need backing to support the growth of their businesses. The demand for solar energy is increasing exponentially, and we need to support those who are trying to bridge the gap between demand and supply. According to the Pew Research Center, “In 2019, just 6% of U.S. homeowners say they have already installed solar panels at home. Another 46% say they have given serious thought to adding solar panels at their home in the past year.” With over half of all homeowners either installing solar or seriously considering it, we need all hands on deck (on in this case, on roof).
Working with VCC Bank, we found a solar contractor based in Washington, D.C. and used your customer deposits to help him grow his business. By banking with Ando, you helped a small business owner (a great thing in itself) help others achieve their goal of celebrating cleaner, greener (and cheaper!) energy. Ideally, all of those new solar users with start banking with Ando and the circle will be complete!
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