Details | On Bill Financing


Funder

 

Pacific Gas and Electric

Implementer

 

Pacific Gas and Electric

Description

 

On-Bill Financing Program (OBF) provides qualified Pacific Gas and Electric customers with a means to finance energy efficient retrofit projects implemented under select Pacific Gas and Electric energy efficiency programs. This program is active in Fresno, it is a commercial provider, includes rehabilitation and retrofit project types, as well as an energy efficiency sustainability application. The loans offered under the Program are interest free and free of any fees, late payment penalties or other charges. The loan terms and conditions are set to provide simple payback from energy savings during the maximum allowed loan term, and are calculated by dividing the loan amount (eligible project cost less Qualified Program Incentives) by the estimated monthly energy savings resulting from the Retrofit Project. The ensuing number of monthly payments must not exceed the Maximum Loan Term.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

Pacific Gas and Electric

Applicant type

 

For Profit  |  Non Profit  |  Public Agency

Project

 

Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building

Sector

 

Agricultural  |  Commercial  |  Industrial  |  Public

Sub-sector

 

City  |  County  |  Special Districts

Sustainability

 

Energy Efficiency in Buildings  |  Energy Management System

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

0%

Incentive