Get financing for residential energy efficiency projects

The Residential Energy Efficiency Loan (REEL) program was designed to help California homeowners and renters access affordable financing for energy efficiency projects.

The program is available to any California resident who owns or rents a property of 1 to 4 units (single-family home, condo, townhouse, duplex, triplex, fourplex) that receives electric and/or natural gas service from any of the following: Pacific Gas and Electric Company (PG&E®) / San Diego Gas & Electric Company (SDG&E®) / Southern California Edison (SCE®) / Southern California Gas Company (SoCalGas®).* For complete program rules and regulatory information, please reference the REEL Program Regulations.

With different lenders and loan options, there’s a REEL solution for your home improvement needs.

    Get Financing Energy Efficiency Loan

    Program benefits

    •  No home equity needed
    •  No lien on your property
    •  Competitive rates
    •  Affordable monthly payments
    •  No closing costs
    •  No origination fees
    •  No prepayment penalties - pay off your loan early
    •  100% financing
    •  Up to 30% of loan amount towards nonenergy improvements
    •  Available to a wide range of credit scores and incomes
    •  Broad list of energy efficiency projects to choose from
    •  Reduce project cost with investor-owned utility rebates/incentives

    What can be financed?

    Use the tabs below to browse home improvement projects that can be financed with REEL.

    Heating & cooling

    Older heating and cooling systems result in the biggest energy costs for households, accounting for nearly half of home energy bills.

    REEL-eligible projects: Central air conditioning units, duct insulation, duct sealing, evaporative coolers, natural gas furnaces, wall furnaces, heat pumps, radiant/hydronic heating, mini splits starting at 18 SEER, smart thermostats, split/package systems, whole house fans

    According to the U.S. Environmental Protection Agency (EPA)

    Heating & Cooling


    Upgrading to higher quality windows will keep heat out in the summer and in during the winter.

    REEL-eligible projects: Windows, window film


    Water heaters & more

    Replace your old water heater with a new, high-efficiency ENERGY STAR® certified model.

    REEL-eligible projects: Gas storage water heaters, tankless water heaters, heat pump water heaters, low-flow shower heads, shower thermostatic valves, faucet aerators

    Water Heater


    Put an end to drafty areas in your home through better air sealing and insulation.

    REEL-eligible projects: Attic insulation, air sealing, floor insulation, wall insulation, radiant barrier

    Insulation & sealing


    Inefficient appliances cost the typical homeowner more than $250 per year to operate, accounting for 12% of utility bills.

    REEL-eligible ENERGY STAR® appliances: Air purifiers, clothes dryers, clothes washers, dishwashers, freezers, refrigerators

    According to the U.S. Environmental Protection Agency (EPA)


    Cool roofs

    A cool roof which reflects sunlight and disperses heat will make your home more comfortable and reduce your air conditioning costs.

    REEL-eligible projects: Cool roof

    Cool roofs

    Pool products

    Pool pumps can be very inefficient. Installing an energy efficient pump for your pool can save up to 75% more energy.

    REEL-eligible projects: Efficient variable speed motors, variable speed drives on pool pump controls, efficiency variable speed pool pump and motor

    According to the U.S. Environmental Protection Agency (EPA)

    Pool pumps


    Inefficient lighting accounts for 12% of utility bills, costing the typical homeowner more than $250 per year to operate.

    REEL-eligible appliances: LED lighting and fixtures

    According to the U.S. Environmental Protection Agency (EPA)


    Extra 30%

    If at least 70% of your loan is used for eligible projects and related costs, the remaining amount can be used to finance other home improvements of your choice.

    REEL-eligible projects: The choice is yours! Drought-tolerant landscaping, water-saving measures, home painting, flooring, or even new cabinetry would qualify for up to 30% of your loan.

    Note: REEL is an energy efficiency program and does not provide financing for solar projects. However, some lenders may offer financing for solar projects separately from REEL, with different terms.

    Extra 30%

    Residential Start Project

    Start your project today!

    Here are four simple steps to finance your home energy improvement project with REEL.

    1. Get a project estimate from a contractor.

    2. Choose an approved lender and apply for financing.

    3. Receive lender confirmation to start your project.

    4. Sign loan closing documents and enjoy your comfortable, efficient home.

    Take measures into your own hands!

    The REEL program allows for do-it-yourselfers. Appliances and several other qualified home improvements can be self-installed.

    diy do-it-yourself installations improvements