Solar panels can send you to college, Its economic impact is two-fold

GRID Alternatives, founded in 2001, works to provide cheaper solar panels to low-income communities in the U.S. and Nicaragua. In addition to helping customers save on their energy bills, GRID also helps these communities by providing them with jobs.

To fund its operations and the panel installations, GRID gets funds from corporate philanthropy, individual donations, government grants, and its own revenue.

“We’re building a power plant, one house and one person at a time,” said GRID Alternatives co-founder and CEO Erica Mackie during Fortune‘s Brainstorm E conference in Carlsbad, Calif. on Tuesday. “We are similar to any mid-size solar installation company, except we only install for people who may not be able to install otherwise,” she added.

H/T: Fortune


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