Co-Chair & Founder
National Energy Improvement Fund (NEIF)
Peter Krasja was a founding board member of KEEA and a Co-Chair and Founder of the National Energy Improvement Fund (NEIF) the nation’s only Certified Benefit Corporation, US Department of Energy Home Improvement Expert lender partner. Pennsylvania-based, NEIF provides energy efficiency and resilience financing programs for home and businesses nationally through partnerships with governments, utilities, manufacturers and contractors. NEIF currently has over 1,000 partners focused on increasing the affordability of energy and resilience improvements.
Peter is a recognized innovator in energy efficiency finance for over two decades. He spear-headed the creation of a number of major national energy finance programs as CEO of AFC First Financial Corporation, a specialty residential energy efficiency lender, operating programs nationally with a network of over 6,000 participating contractors. Peter led the development of the company’s national EnergyLoan® program as one of Fannie Mae’s approved lenders; created the Keystone Home Energy Loan Program in cooperation with the Pennsylvania Treasury Department, DEP and PHFA, which laid the foundation for WHEEL, (Warehouse for Energy Efficiency Loans), the world’s first investment grade rated securitization of a portfolio of unsecured energy loans. Under his leadership, AFC First closed over $500 million in energy efficiency loans, was named by the U.S. DOE as the nation’s first private Home Performance with ENERGY STAR sponsor, selected as one of five national pilot lenders for the HUD PowerSaver program, received the Alliance to Save Energy Andromeda Award and established the Green Energy Training Academy supported by the Rockefeller Foundation. Most recently, he headed national channel business development for the innovative energy lender, Renew Financial, which acquired AFC First in 2015, as part of its national expansion plans.
He holds a B.S. Economics from the Wharton School, University of Pennsylvania