Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | California |
Incentive Type: | Loan Program |
Web Site: | http://www.sdge.com/business/bill-financing |
Administrator: | San Diego Gas & Electric |
Eligible Efficiency Technologies: | Custom/Others pending approval |
The SDG&E On-Bill Financing (OBF) program offers qualified business customers 0% financing from $5,000 to $100,000 per meter for qualifying equipment. All institutional customers may receive from $5,000 to $250,000 per meter.
On-Bill Financing is available to any commercial or government-funded customer participating in an energy efficiency rebate or incentive program. 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.
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kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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