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.
| 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 |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Maximum Loan: |
Non-Institutional Customers: $100,000 per meter Government & Institutions: $250,000 per meter |
| Loan Term: |
Payment: Tax Payer Funded Institutions: up to 10 years; Business Customers: up to 5 years To be eligible, should be an SDG&E customer in good standing for at least two years and receive a rebate or incentive through another SDG&E energy efficiency program. |
| Interest Rate: |
Rate: 0% financing |
| Technologies: | Custom/Others pending approval |
| Sectors: | Commercial, Industrial, Nonprofit, Agricultural, Multifamily Residential |
| Parameters: | The incentive has a maximum of $5000.00, The incentive has a minimum of $100000.00 |
| Technologies: | Custom/Others pending approval |
| Sectors: | Local Government, Schools, State Government, Federal Government, Tribal Government, Institutional |
| Parameters: | The incentive has a maximum of $5000.00, The incentive has a minimum of $250000.00 |
| Name: | Energy Information Center |
| Address: |
P.O. Box 129831 San Diego CA 92112-9831 |
| Phone: | (800) 411-7343 |
| Email: | sdgeobf@semprautilities.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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