Financing Mechanisms

Many natural gas and combination utilities offer efficient equipment or project financing to help customers overcome the first cost barrier to implementing efficiency updrades. Others coordinate with their statewide efficiency program administrator by leveraging their program offerings with utility rebates and/or financing options. Thirty percent of natural gas efficiency programs provide customers access to loans, and of those, 97 percent offer financing in conjuction with other incentives. Examples of financing mechanims include:

  • Low interest or zero interest loans
  • Generous terms (up to 10 years)
  • On-bill repayment options (or pay-as-you save" arrangements)
  • Shared savings financing
  • Interest rate buy down

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resdiential_energy_efficiency_loan_assistance_program_-_reel_-_socalgas_-_final.pdf100.8 KB