Since joining as president and chief executive officer last November, I have been impressed with Michigan Saves’ remarkable track record of positively impacting Michiganders and our climate. Using innovative financing solutions, we have affected the lives of our neighbors in the places that matter most—the residences, businesses, public buildings, schools, and houses of worship that make our communities home. Michigan Saves continued this track record in 2023, exceeding expectations and reaching new heights while navigating organizational change.
Last year, Michigan Saves facilitated a record $119 million in energy investments. We also grew our network of authorized contractors just over 1,000 and were awarded $30 million to launch our innovative septic replacement program. These accomplishments reflect the dedication of the Michigan Saves board and staff, as well as the tenacious leadership of my predecessor, Mary Templeton. It’s been an honor to collaborate with the team to build upon her legacy and envision the Michigan Saves of the future.
From day one, my goal was to understand the landscape of energy financing in Michigan and craft a growth strategy based on the needs of the people and communities we serve. I’ve had the opportunity to build relationships with clean energy leaders working on policy, financing, technology, workforce, and community engagement. I’ve learned more about what climate resiliency looks like in practice. I’ve come to understand that Michigan Saves, through the unprecedented Greenhouse Gas Reduction Fund, is amid an inflection point that can lead to transformative change throughout our state.
As you’ll see, our annual report reflects our unwavering commitment to promote accessible, equitable, and just investments in energy efficiency and clean energy to support healthy and thriving communities. For years to come, we’ll look back at 2023 as one that ushered in change and jump-started our collective progress toward a clean energy future for all Michiganders.
With gratitude,
Chanell Scott Contreras