Peter Krajsa

Co-Chair and Founder, National Energy Improvement Fund (NEIF)

Peter Krajsa is Co-Chair and Founder of the National Energy Improvement Fund (NEIF).  NEIF is a for-profit, public benefit LLC (Certified B-Corp status pending), which functions as a licensed lender and loan servicer, program manager and financing conduit, whose mission is to promote energy savings by increasing the affordability of energy efficiency and renewable energy improvements for consumers and businesses. NEIF partners with contractors, manufacturers, distributors, governments, utilities, and industry trade groups to develop and administer financing and related programs designed to help improve the uptake of energy-related property improvements.  

A recognized innovator in energy efficiency finance for over two decades, Peter has led the creation of many major national energy finance programs as chairman and CEO of AFC First Financial Corporation, a specialty residential energy efficiency lender, operating programs nationally in association with states, municipalities, utilities, manufacturers and a network of over 6,000 participating contractors. 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.

As CEO of AFC First, a company founded by his parents in 1947, 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; the Connecticut Solar Leasing program, the nation’s first state sponsored solar leasing program and many other state, utility and manufacturer financing program including on-bill financing programs in Connecticut and Illinois. After running AFC with his brother, primarily as a mortgage banker and direct lender, Peter moved the company exclusively into energy efficiency lending in 1999. 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.

Peter serves or has served as an officer or director of the American Financial Services Association, US Building Performance Association, Keystone Energy Efficiency Alliance, Pennsylvania Financial Services Association, Pennsylvania Shakespeare Festival, Greater Lehigh Valley Chamber of Commerce, Mercy School for Special Learning, University of Pennsylvania Alumni Association, Brookside Country Club and many others.

He holds a BS Economics from the Wharton School of the University of Pennsylvania.


My Sessions

Financing Energy Efficiency

York Lebanon Ballroom

Deep retrofits radically reduce energy use and improve occupant health and comfort, and when facilitated by municipal governments, they can even increase the value of a region’s building stock while creating well-paying jobs. This panel will explore some of the key drivers toward investments in retrofits, discuss a range of strategies for business owners to […]