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California

California

Incentives/Policies for Renewables & Efficiency

Printable Version
SoCalGas - Non-Residential On-Bill Financing Program   

Last DSIRE Review: 10/11/2012
Program Overview:
State: California
Incentive Type: Utility Loan Program
Eligible Efficiency Technologies: Custom/Others pending approval, Unspecified Technologies
Applicable Sectors: Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, Multi-Family Residential, Agricultural, Institutional
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
Maximum Incentive:Non-Institutional Customers: $100,000/meter
Taxpayer Funded Institutions: $250,000/meter
State of California: $1,000,000
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.
Web Site: http://www.socalgas.com/for-your-business/rebates/zero-interest.s...
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:
  On-Bill Financing Program
Southern California Gas Company
555 W. Fifth Street GT20B4
Los Angeles, CA 90013-1046
Phone: (800) 427-6584 Ext.Option 6
E-Mail: scgobf@SempraUtilities.com
Web Site: http://www.socalgas.com
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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.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.