Submitted by Jack Ulrich on Wed, 02/27/2019 - 13:47
FAQ Title Label
There are many loan products in the marketplace, why should I choose REEL?
FAQ Property Type
FAQ category

The REEL program offers some benefits not found in similar loan products:

  • No liens or tax assessments against your home
  • No home equity needed
  • Ability to finance 100% of the project costs
  • Flexibility: up to 30% of loan proceeds can be used to fund nonenergy home improvements like water-efficient landscaping or painting
  • No loan fees, closing fees, processing or underwriting fees
  • Access to lower rates specifically designed for REEL
  • REEL was authorized by the California Public Utilities Commission and developed by the State of California in collaboration with the investor-owned utilities: Pacific Gas and Electric, San Diego Gas & Electric, Southern California Edison and SoCalGas