Step 1: Select Project Developer
A PG&E account representative will assist in providing a project developer list in your area.
Step 2. Submit for credit Eligibility:
Project Developer will submit credit application inquiry.
Step 3. Schedule site visit with PD
PD will document existing conditions, recommend upgrades, provides quote and request signatures to release utility data to develop the estimated savings for technical review.
Step 4: Project submitted to PG&E
Technical reviewer to determine equipment eligibility and copy of contract to reserve funds prior to start of installation. Please visit A Practical Guide for Businesses for additional details.
Financing success stories
Oakland Highland Hospital had a 60% reduction in electricity costs related to lighting resulting in $300,000 annual savings.
Pan-Med Enterprises reduced their electricity and gas usage by 30% and 60% respectively, bringing in $270,000 in annual energy savings.
Spirit of San Luis Restaurant upgraded HVAC and refrigeration systems and saving $4,800 annually.
The On-Bill Financing Program is available to all PG&E business and government agency customers with the following payment history:
- Billing history: 24 months of bill history and 12 months at the site.
- Credit history: A review of any late payment notices in the last 12 months will be reviewed.
Contact OBFprogram@pge.com for additional questions.
0% financing is available for many types of projects, including exterior and interior LED lighting, heating, ventilation and air conditioning (HVAC), electric motors, refrigeration, food service equipment and water pumps. The minimum project loan amount is $5,000. Loan terms and monthly payment amounts are based on the Customer’s estimated monthly energy savings from the retrofit project. Your project may be eligible for financing if it qualifies for a rebate or incentive.
Eligible energy efficiency project costs that may be covered under the loan are those costs associated with the required components of the energy efficiency project for the life of the loan. Eligible projects costs may include.
- Implementation costs, Project developer & Technical review fees, cost of building compliance, Operations and Maintenance (O&M), Technical review, tax and labor.
Costs not eligible for financing are as follows:
- In-house labor or project management costs for energy efficiency measure installation.
- Equipment installed prior to loan execution.
- User behavioral activities: behavioral measures, e.g., customer staffing or occupant behavior programs
- Add-ons to existing renovation projects
Lighting equipment to be replaced must be operational at the time of replacement. Below are some additional requirements.
- Lighting controls cannot exceed 20 percent of the total project cost.
- Screw-in LED light bulbs are no longer eligible, except for exterior pole light fixtures.
- Note: Industrial and Agricultural customers may have additional requirements. Please review incentive catalog per industry for additional details.
Any loans over $250,000 will require an OBF prescreening to determine program eligibility and available funding. PG&E incentives are not eligible for loans over $250,000.00.
Exceptions are provided for unique energy savings opportunities based on portfolio need, depth of savings, project comprehensiveness and cost-effectiveness.
****If you are looking for how the loan terms are calculated, please review Pacific Gas and Electric Company On-Bill Financing Customer and Contractor Handbook.
No. PG&E makes no warranties on the installed product or estimated savings. Please work with the selected contractor to discuss warranties with proposed product and savings estimations.
Please reference page (10) of the OBF handbook to list the method how the loan terms calculated with or without Custom incentives. Please note incentives are primarily available through 3rd party programs to specific market sectors. Deemed rebates, where any business can purchase and installed a rebate application are no longer eligible to be paired with On-Bill Financing.
Business customers are not able to combine multiple premises into a single project. Governmentagency customers that are utilizing OBF to complete comprehensive energy efficiency projects may be eligible to combine multiple premises for a single project. Each premises/location included in the project will be evaluated separately and must meet OBF funding requirements. In order to combine multiple premises into one project the following requirements must be met:
- There must be a single point of contact at the government agency for PG&E billing inquiries for all of the premises included.
- The projects should be initiated and installed concurrently; the OBF loan will not be funded until the completion of all premises included in the project.
Note: PG&E offers On-Bill Financing to our eligible customers on a first-come, first-served basis until program funds are no longer available. *Where, in PG&E's sole opinion, unique opportunities to capture large energy savings exist and all other EEF loan program terms will be met, the sum of the loan amounts for a government agency customer's premises may exceed two hundred fifty thousand dollars ($250,000) up to a maximum of four million dollars ($4,000,000). Talk to a PG&E account representative for more information. Energy efficiency funds, including On-Bill Finance loan funds, are public funds. Depending on the project and type of work performed, a project that receives Energy Efficiency or On-Bill Finance loan funds may be considered a public work (as defined under Labor Code section 1720 et. seq.). For information on the rules and regulations that apply to public works, including payment of prevailing wages, see the Department of Industrial Relations website.
Finance energy efficiency projects and equipment for your small business
PG&E supports GoGreen Business Energy Financing, a State of California administered program that provides private market financing with low financing and favorable terms.
Loans up to $5,000,000 are available to owners or lessees of business properties that receive electric and/or gas service from PG&E. This state-administered program can be paired with any rebate or incentive program including PG&E's Energy Efficiency Financing program.
Eligibility Requirements
Applicant's business must meet one of the following requirements:
- Employ 100 or fewer employees.
- Total annual revenue of less than $15,000,000.
- Meet SBA small business size requirement of annual revenue up to $41,500,000, depending on industry.
Project Financing in 3 Simple Steps
- Get project estimate from a contractor.
- Select finance company and apply.
- Sign documents and receive finance company confirmation to start your project. Visit GoGreenFinancing.com to review qualifying measures and get started.
Eligible equipment upgrades include:
Heating and cooling systems and equipment, insulation, LED lighting, water heaters, commercial refrigerators and freezers, smart thermostats, dishwashers, heat pumps and more. See more qualifying measures on GoGreenFinancing.com.
Note: PG&E is not making any offer to lend under the GoGreen Business program and has no role in reviewing or approving your GoGreen Business application. Any financing arrangement entered is entirely between you and the lender. PG&E is not liable for the lender's acts or omissions or any of the lending terms for financing made available under the GoGreen Business program.
More information
Find the right contractor
PG&E’s Trade Professional Alliance is the place to find a qualified contractor to handle your energy efficiency project.
PG&E Energy Center classes
Search free online courses on a range of energy-related topics.
Contact us
If you have additional questions, call our Business Customer Service Monday-Friday between 7 a.m. - 6 p.m. at 1-800-468-4743.