Financing for nonresidential energy efficiency projects
Program status update
The Nonresidential Program will not be launched by the end of 2019 as required by CPUC. Future program development will be considered at a later date.
For more information
For more information on the Nonresidential program, please contact the following program administration representative:
Jonathan Verhoef
jverhoef@sto.ca.gov
Benefits for customers
- Pay for energy efficiency upgrades through energy bill savings
- Both tenants and property owners are eligible
- Broad list of measures qualify for financing
- Multiple paths to measure eligibility allow projects to be simple or highly customized
- Flexible financing includes nonenergy improvements
- Complements on-bill financing (OBF) and commercial PACE
Benefits for finance companies
- Offer an attractive, on-bill repayment option to your customers
- Partner with the State of California and the investor-owned utilities to reach more customers
- Take advantage of a statewide marketing campaign and expand your reach in California
Benefits for contractors or ESCOs
- Grow your business by offering customers attractive financing to complete energy efficiency upgrades
- Broad list of measures qualify for financing. Multiple paths to eligibility allow projects to be simple or highly customized
- Complements on-bill financing (OBF) or commercial PACE
- Take advantage of a statewide marketing campaign
- Online interface allows for easy project entry and rapid qualification