SCE - Non-Residential On-Bill Financing Program (California)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place California

Name SCE - Non-Residential On-Bill Financing Program
Incentive Type Utility Loan Program
Applicable Sector Agricultural, Commercial, Fed. Government, Industrial, Institutional, Local Government, Multi-Family Residential, Nonprofit, Schools, State Government, Tribal Government
Eligible Technologies Custom/Others pending approval
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount 5,000 minimum







Start Date 2010-08-02







Maximum Incentive Taxpayer Funded Institutions: up to $250,000/meter with 5 year max payback

Non-Institutional Customers: up to $100,000/meter with 5 year max payback
State of California: up to $1,000,000 with 10 year max payback










Terms Rate: 0% financing

Repayment: Tax Payer Funded Institutions: up to 10 years; Business Customers: up to 5 years
Eligibility: SoCalGas customer in good standing for at least two years who have received a rebate or incentive through another SoCalGas energy efficiency program.


Website http://www.sce.com/business/onbill/on-bill-financing.htm?from=business
Date added to DSIRE 2010-07-13
Last DSIRE Review 2012-08-21
Last Substantive Modification
to Summary by DSIRE
2012-08-21


References DSIRE[1]


Summary

The SoCalGas On-Bill Financing (OBF) program offers qualified business customers 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.) 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.


Incentive Contact

Contact Name Program Administrator - SCE
Department Business Programs

Address Southern California Edison Business Incentives and Services
Address 2 P.O. Box 300
Place Rosemead, California
Zip/Postal Code 91772-0001
Phone (800) 736-4777


Email BusinessIncentives@sce.com
Website http://www.sce.com/business/onbill/on-bill-financing.htm?from=business
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"