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Last Updated August 2, 2023

Program Overview

Category:

Financial Incentive

State:

California

Incentive Type:

Loan Program

Administrator:

N/A

Start Date:

N/A

Expiration Date:

N/A

Web Site:

http://www.pge.com/en/mybusiness/save/rebates/onbill/index.page?

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

PG&E is providing 0% loans for energy efficiency projects pursued by their non-residential customers. Financing is available to fund many technologies, including lighting, HVAC, electric motors, LED street lights, refrigeration, food service equipment and water pumps. Projects may be eligible for for financing if it qualifies for a rebate or incentive through a PG&E program.

Loan funds must be used to purchase and install qualifying energy-efficient equipment. Customers may use a contractor or self-install the equipment. PG&E will inspect the facility before the old equipment is removed, and again after the new products are operating.
 
Loan terms and monthly payment amounts are determined based on the equipment's estimated monthly savings.  Non-residential customers may qualify for loans between $5,000 and $250,000 per premises, with loan periods of up to 120 months. Loans up to $4,000,000 per premises may be available for projects where a unique opportunity to capture large energy savings exists.*

*The sum of the loan amounts for each customer premises shall not exceed two hundred and fifty thousand dollars ($250,000) except where, in PG&E’s sole opinion, unique opportunities to capture large energy savings exist and all other OBF loan program terms will be met, the sum of the loan amounts may exceed two hundred fifty thousand dollars ($250,000) up to a maximum of four million dollars ($4,000,000).