Mission & History
Commons Energy is a comprehensive total-energy solution for owners of small to mid-size multifamily affordable housing, education, health care, and community and municipal facilities who may have difficulty accessing capital, technical skills, and implementation services.
Established as a low-profit, limited liability company (L3C), a form of LLC that balances social and financial returns, Commons Energy is a for-profit subsidiary of Vermont Energy Investment Corporation, a nonprofit organization dedicated to reducing the economic and environmental costs of energy use for all economic groups.
Affordable multifamily housing
We are excited to be working with VEIC as an investor, financing building projects of Commons Energy L3C, the Public Purpose Energy Savings Company that VEIC recently launched. The reduced energy usage and improved Vermont housing stock that will result from this investment aligns beautifully with our broader goal of creating strong, healthy communities.Deb Rooney, CFO, Vermont Community Foundation
In The News
- The Times Argus, 11/17/2017: Apartments Now Heat with Wood
- WCAX, 11/16/2017: Wood Heat an Attractive Alternative for Affordable Housing
- VHFA, 6/9/2017: Elm Place Ribbon Cutting
- WCAX, 1/2/2017: Burlington Diocese Bishop Coyne on the "Year of Creation" and partnership with Commons Energy
- Catholic Philly, 12/22/2016: Burlington Diocese partnering with Commons Energy in 2017
- Green Energy Times, 12/15/2016: Commons Energy Offers New Approach for Public Purpose Buildings to Save Energy
- The Other Paper, 10/6/2016: Progress with City-Owned Buildings
- Commons Energy Included in White House Energy Efficiency Fact Sheet, 8/24/2015
- Vermont Digger, 11/24/2014: Energy Efficiency Company Finds Niche Market
- Vermont Public Radio, 11/20/2014: New Efficiency Firm Looks To Put $50 Million Into Public-Purpose Buildings
- MacArthur Foundation partners with Commons Energy to Make Energy Efficiency Improvements in U.S. Multi-Family Housing
- Commons Energy Brings Energy Savings within Reach for Underserved Markets, 11/20/2014
Rebecca is an expert in growing businesses that identify and deliver new energy savings opportunities. With an MBA focused on nonprofit organizations and corporate social responsibility, and over 15 years of experience in energy efficiency, she brings a strategic mindset, operational savvy, and financial expertise, as well as deep knowledge of energy efficiency programs and technologies to her work on Commons Energy. Prior to joining Commons Energy, Rebecca led VEIC’s Consulting practice for 3.5 years where she grew the client base to include progressive municipalities like the City of Fort Collins, Colorado, large complex utility programs like the one offered by Consolidated Edison in New York City, and consumers’ advocates working to improve the benefits that energy efficiency programs deliver to low-income customers. Prior to joining VEIC in 2011, she worked for over a decade at the Consortium for Energy Efficiency where she led residential sector initiatives and helped improve savings at 135 member energy efficiency organizations across the US and Canada.
Anmol has a diverse professional and educational background spanning various geographies and sectors. In his role as Director of Sales for Commons Energy, Anmol is responsible for leading relationship development with key clients and partners, including owners and managers of large networks of multifamily affordable housing, to identify how Commons Energy can help them reduce their energy expenses and improve comfort for their buildings’ residents. He also serves as Financing Strategies Director for VEIC where he is responsible for designing and implementing financial mechanisms for facilitating investments in energy efficiency and renewable energy projects across US. Prior to VEIC, Anmol was the Director of Finance & Policy Analysis at the Center for Clean Air Policy (CCAP) where he led multiple complex advisory assignments in Asia and South America. Anmol holds a Bachelor of Science from PSG College of technology (Coimbatore), a Masters in Business Administration from Sydenham Institute of Management (Mumbai), and a Masters in International Affairs from the School of International and Public Affairs, Columbia University (New York).
Capital Operations Director
Peter develops and manages financing capital for Commons Energy projects. He has 30 years of investment and finance experience, with expertise in clean energy finance, and has worked in senior management positions at Fortune 100 companies across the globe. Peter has a long-standing interest in energy and is certified by North American Board of Certified Energy Practitioner (NABCEP) and the Northeast HERS Home Energy Rating System (HERS) Alliance. He has played a prominent role in pioneering residential PACE activities in Vermont and working with the Vermont State Treasurer on the statewide loan-loss reserve fund.
David has more than thirty years of experience creating and leading ventures for social- and mission-based private sector businesses including Ben & Jerry’s and Burton Snowboards. He led the establishment of the District of Columbia Sustainable Efficiency Utility (DCSEU), a first of its kind ratepayer based energy efficiency utility and also led VEIC’s acquisition of the Biomass Energy Research Center (BERC). David oversees capital development for Commons Energy, along with managing financial and social impact for investors and partners, and serves on the Executive Leadership team for VEIC.
For nearly two decades, Elizabeth has worked to make multifamily affordable housing more energy efficient through best-practice programming and innovative funding and financing. Integral to the development of Commons Energy, Elizabeth provides deep expertise in the multifamily market as well as in the establishment and leveraging of strategic partnerships to maximize reach. She serves on the Board of Directors of the Home Performance Coalition and the advisory board of the National Energy and Utility Affordability Conference.
MacArthur Foundation: Provided start-up funding and early support of the Commons Energy business model through grants and capital partner providing project financing.
High Meadows Fund: Early supporter of the Commons Energy business model through grants and a capital partner providing project financing.
Kresge Foundation: Early supporter of the Commons Energy business model through grants and a capital partner providing project financing.
National Housing Trust: Lead underwriter for multi-family housing projects and a capital partner providing project financing.
VEIC: Parent company of Commons Energy and early provider of energy performance contracting to underserved markets. Provided start-up funding for Commons Energy business model.