Southern California Edison (SCE) offers you the financial resources you need to implement your energy efficiency projects affordably and with ease. On-bill financing, together with SCE’s incentive programs, can help you pay for energy- and money-saving improvements that enhance your bottom line On-Bill Financing (OBF) Re-Opening July 16, 2012
0% Interest, No Fees Loans
Effective Monday, July 16, 2012, the On-Bill Financing (OBF) offering will resume accepting applications for new Energy Efficient projects. The offering will provide $31 million in funding, with $15 million of it reserved for SCE’s Local Governmental & Institutional (G&I) Partnership customers, and $16 million for Commercial, Industrial, Agricultural, and non-partner G&I customers.
OBF funding will be available on a “first approved – first served” basis. An OBF application gets approved upon PA approval [Customized] or when the IR Letter is sent out [Express]. A quality application is one that is complete with eligible solutions and all required information and documentation.
On-Bill Financing is provided and operated by SCE, and allows eligible customers to make payments as part of a line item on their SCE bill. This program offers a zero-interest loan for the installation(s) of qualified energy-efficient equipment.
With On-Bill Financing, you will enjoy:
- 0% interest loan
- No fees or loan costs
- Convenient loan repayment through your monthly SCE bill
Along with On-Bill Financing, you will also receive these benefits from your energy-efficiency project:
- Financial incentives for installing qualifying energy-efficient equipment
- Lower monthly electricity costs
- Long-term energy savings
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Filed under: Energy Efficiency