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

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place California

Name SoCalGas - 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, Unspecified technologies, Unspecified technologies
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount General Minimum Loan Amount: $5,000/meter minimum

Non-Institutional Customers: up to $100,000/meter with 5 year max payback
Taxpayer Funded Institutions: up to $250,000/meter with 10 year max payback
State of California: up to $1,000,000 with 10 year max payback


























Terms Rate: 0% financing

Eligibility: SoCalGas customer in good standing for at least two years who have received a rebate or incentive through another SoCalGas energy efficiency program.

Program Administrator Southern California Gas Company
Website http://www.socalgas.com/for-your-business/rebates/zero-interest.shtml
Date added to DSIRE 2007-05-03
Last DSIRE Review 2012-06-14



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 On-Bill Financing Program
Department Southern California Gas Company

Address 555 W. Fifth Street GT20B4

Place Los Angeles, California
Zip/Postal Code 90013-1046
Phone (800) 427-6584 Ext.Option 6


Email scgobf@SempraUtilities.com
Website http://www.socalgas.com
     
     


















  • 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)"