Power up your clean energy impact
The clean energy transition is underway.
Organizations, communities and investors who act now are shaping what comes next. Green banks and other clean energy finance programs play a big role in this transition—driving economic growth, creating jobs, and making energy upgrades more accessible and affordable for the people and institutions that power our communities.
Launching and scaling these programs takes expertise and support. That’s where Public Sector Consultants comes in.
Get a jumpstart on green bank activation.
Your green bank partner
PSC has been meeting challenges head on and driving impactful solutions for almost 50 years. We established and managed the nation’s first nonprofit green bank, Michigan Saves, in 2009 and continue to shape the future of clean energy finance across the country. We launched and currently staff the Illinois Clean Energy Jobs and Justice Fund (CEJJF) and the Indiana Energy Independence Fund (IEIF). Additionally, we launched and incubated Washington State Green Bank (WA Green Bank) in 2025 and continue to provide strategic counsel as they build out programs. By establishing nonprofit green banks in diverse geographical and political markets, PSC has built a proven system to understand regional clean energy demand, bring the right partners to the table, and design programs that address real gaps in the market.
Beyond the green banks we have incubated, we work with public and nonprofit partners to set clear direction for clean energy finance initiatives. Our strategic advisory work includes helping organizations assess market readiness, define program priorities, and build the financial and organizational foundations necessary for success. This includes advising the Minnesota Climate Innovation Finance Authority (MnCIFA), developing business plans and financial models for a new green bank in Louisville, Kentucky, shaping capitalization strategies for the Utah Sustainable Energy Fund, supporting the Missouri Green Banc as it advances a public–private partnership model, and providing foundational insight to the DC Green Bank that was critical to their startup success.
Our team is also leading a brand refresh for the Columbus Region Green Fund and helping design and operationalize programs that meet real market needs, including the Collective Clean Energy Fund’s on bill tariff repayment program. At every stage, we focus on practical solutions that bring together the right stakeholders, mobilize capital, and work within local demands.
Let’s get started today.
Michigan Saves sprang from a 2009 grant through the Michigan Public Service Commission to create an innovative system for renewable energy financing and energy efficiency. One year later, Michigan Saves was incorporated as a 501(c)(3) nonprofit, led by a diverse board of directors. Once established, the board engaged PSC to staff the organization —a role we still play today — leveraging our expertise and history with Michigan Saves to provide steadfast management services in support of this flourishing green bank. Since its founding, Michigan Saves has delivered over $675 million in loan originations.
Get a jumpstart on green bank activation.
Whether you’re just starting out or scaling up, PSC offers end-to-end services and targeted support to help green banks and clean energy programs flourish. These services are all-inclusive or available a la carte.
Organizational Development
Recruit a mission-driven board and support bylaw and governance policies development
Create efficient organizational structures and define key roles
Comprehensive operations support
Manage accounting, insurance, internal controls and communications systems
Oversee onboarding, mentoring and staff program management
Market analysis and strategic planning
Engage stakeholders like municipalities, contractors, utilities and lenders
Facilitate inclusive strategic planning with an actionable roadmap
Capital deployment and program design
Analyze financial and technical feasibility
Manage and evaluate investment portfolios to drive impact
Contractor recruitment and engagement
Identify market gaps and expand program awareness
Implement quality assurance protocols
Compliance and performance management
Support audits, state and federal reporting, and risk management
Track key performance indicators to improve and scale programs
Marketing and communications support
Launch marketing campaigns and public relations efforts
Engage contractors, customers and communities through targeted messaging
Fundraising
Expertly crafted state and federal funding proposals with multi-million dollar outcomes
Collaborative coalitions that increase access to larger or otherwise inaccessible funding opportunities
Green banks at work
In the absence of statewide public leadership on clean energy expansion, the McKinney Family Foundation convened clean energy focused foundations to develop a new green bank to drive clean energy and energy efficiency access and adoption in Indiana. They called on PSC to analyze the market and develop an actionable business plan.
In August 2023, PSC hired IEIF’s first executive director who has worked diligently to build out the organizational infrastructure and launch programs. IEIF partnered with the National Energy Improvement Fund in 2024 to launch a commercial clean energy finance program.
IEIF has been working to raise capital through competitive public grant opportunities and engagement with additional private funders. It successfully received $10 million from the Coalition for Green Capital in January 2025. IEIF will use its growing resources to launch new residential programming.
In 2021, Illinois set some of the most ambitious clean energy goals in the country with the passage of landmark legislation known as the Climate and Equitable Jobs Act. It provided seed funding and directed the creation of a new independent nonprofit green bank. Through this legislation, the Clean Energy Jobs and Justice Fund was created with the explicit responsibility of making clean energy financing available to underrepresented communities and minority-owned businesses.
Governor JB Pritzker appointed the first directors to the CEJJF board in 2023. This group engaged PSC to support ground-up organizational development and provide strategic counsel. Less than a year later, PSC hired their first executive director.
CEJJF initiated a market study that will identify current gaps in programming for underrepresented communities and workforce development tools for minority owned businesses. These findings will be used to develop new programming in the second half of 2025.
Following direction from Governor Jay Inslee to leverage federal clean energy funding from the Inflation Reduction Act to initiate the creation of a private nonprofit green bank, the Washington State Department of Commerce sought out PSC to provide organizational development support and strategic counsel. The City of Seattle partnered with the development team to fund a market scan to ground WA Green Bank in the most pressing statewide climate finance needs. This analysis will guide the strategic direction and program development for the new green bank.
PSC led the search and hired WA Green Bank’s first executive director (effective April 14, 2025) who will begin actively fundraising and building out programs in alignment with the findings of the market scan.
The WA Green Bank executive director will begin engaging communities and prospective partners to educate consumers on the value of climate financing programs with the goal of launching programs in 2026.
From startup to scale, we’ve got you covered
Every green bank goes through four key stages: start, launch, operate, and transition. No matter where you are in the process, PSC is ready to support you at every step. Our experience working with green banks in each phase means we are ready to dive in no matter where you are in the development cycle.
"PSC’s expertise moved us from vision to action. Their strategic guidance was instrumental in making our green bank a reality."
– Alex Crowley, Executive Director, Indiana Energy Independence Fund
Are you ready to plug in and play? Power up with us.
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