SoCalGas - Non-Residential On-Bill Financing Program

Last updated: April 10, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:California
Incentive Type:Loan Program
Web Site:http://www.socalgas.com/for-your-business/rebates/zero-interest.shtml
Administrator:Southern California Gas Company
Eligible Efficiency Technologies:Custom/Others pending approval, Yes; specific technologies not identified
Maximum Loan:Business and Multi-Family: $100,000/meter Institutional Customers and Low-income Multi-family: $250,000/meter State of California: $1,000,000
Loan Term:Business and Multi-Family: 5 years Institutional Customers and Low-Income Multi-Family: 10 years State of California: 15 years

Summary

The SoCalGas On-Bill Financing (OBF) program offers qualified business customers as well as multi-family residential owners 0% financing from $5,000 to $100,000 per meter for qualifying natural gas equipment. All institutional customers (i.e. counties, cities, school districts, etc.) as well as low-income multifamily owners may receive $5,000 to $250,000 per meter, and State of California can borrow up to $1,000,000 for one service account.

The program is open to all non-residential customers, including owners of multi-family units who do not live on premises. Participants must have had an active account for the past two years and good credit standing as determined by the Utility. The funds may be used for a wide variety of efficiency improvement projects, and the monthly loan payments will be added directly to the customer's bill. Monthly energy savings help to offset the monthly loan charges.  Review the program web site for additional information.

How to Apply

  1. Call 1-800-427-6584 (select option 6) or email us at scgobf@semprautilities.com to contact our program staff and see if your project qualifies. Qualified projects will receive a no-cost energy audit to determine the energy savings.
  2. Apply for the energy-efficiency business rebate or incentive programs.
  3. Contact the On-bill Financing staff for prequalification.
  4. Receive loan package once SoCalGas verifies other qualifications (such as maximum payback period).
  5. Sign and return the loan documents.
  6. After the loan documents have been approved by SoCalGas, install the equipment. SoCalGas will conduct 100 percent post-inspections of installed projects.
  7. Receive the loan. Your monthly loan installment will be included on your utility bill.

Download the brochure for the program here .

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