California

Incentives/Policies for Renewables & Efficiency

SCE - Non-Residential On-Bill Financing Program

Last DSIRE Review: 08/21/2012

Program Overview:

State:	California
Incentive Type:	Utility Loan Program
Eligible Efficiency Technologies:	Custom/Others pending approval
Applicable Sectors:	Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, Multi-Family Residential, Agricultural, Institutional
Amount:	$5,000 minimum
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.
Program Budget:	$16 Million
Start Date:	July 16, 2012
Web Site:	http://www.sce.com/business/onbill/on-bill-financing.htm?from=bus...

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.

Contact:

Program Administrator - SCE
Business Programs
Southern California Edison Business Incentives & Services
P.O. Box 300
Rosemead, CA 91772-0001
Phone: (800) 736-4777
E-Mail: BusinessIncentives@sce.com
Web Site: www.sce.com/onbill

Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

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