PG&E - Non-Residential Energy Efficiency Financing Program

Last updated: April 15, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:California
Incentive Type:Loan Program
Web Site:http://www.pge.com/en/mybusiness/save/rebates/onbill/index.page?
Eligible Efficiency Technologies:Custom/Others pending approval
Maximum Loan:Non-Institutional Customers: $100,000 Institutional/Government Customers: $4,000,000
Loan Term:Businesses: 5 year loan terms Government Agencies: 10 year loan terms
Interest Rate:0% interest

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. Business customers may qualify for loans between $5,000 and $100,000, with loan periods of up to 5 yeats. Government agencies may qualify for loans between $5,000 and $250,000 per PG&E meter, with loan periods of up to 10 years.
 
The incentives include:
 
Commercial/Industrial/Non-profit -The incentive has a minimum of $5,000, The incentive has a maximum of $10,0000
 
 
Local Government, Schools, State Government, Federal Government, Institutional- The incentive has a minimum of $5,000, te incentive has a maximum of $99,9999

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