The REEL program has


contractors enrolled


participating lenders

in loans supported

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.

Owners of any residential property are eligible for the REEL program, as are renters at the discretion of the lender and with the property owner’s permission. Customers may upgrade a single-family home, townhome, condo, duplex, triplex, fourplex or manufactured home. And, with REEL, renovations for up to four units can be bundled into the same loan.

Eligibility requires that the property receive electric or natural gas service from Pacific Gas and Electric Company (PG&E®), San Diego Gas & Electric Company (SDG&E®), Southern California Edison (SCE®) or Southern California Gas Company (SoCalGas®). For complete program rules and regulatory information, please reference the REEL Program Regulations+.

Reduce before you produce! The REEL program prioritizes energy reduction (through energy efficiency) over energy production. At this time, lenders are not offering solar loans through the REEL program.

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. For a full listing including measure specifications, see the Eligible Energy Efficiency Measures list.


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: Heat pumps, mini splits, central heating and air conditioning systems, duct insulation & sealing, evaporative coolers, gas furnaces, smart thermostats, whole house fans, HVAC tune-up and optimization, MERV 13 air filter upgrades, hydronic radiant heating

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: Heat pump water heaters (including any necessary electrical panel upgrade), tankless water heaters, gas storage water heaters, tank & pipe insulation, 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, wall insulation, duct insulation, floor insulation, water heater tank insulation, water pipe insulation, insulated siding, air sealing, 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 washers and dryers, convection ovens, dishwashers, freezers, induction range or cooktop, range hood, 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 products can be very inefficient. You can save up to 70% more energy with energy efficient pool pumps and covers.

REEL-eligible projects: Efficient variable speed pool pump and motor, pool cover

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 bulbs, fixtures, and tape lighting

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


Other projects

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: Solar and distributed generation home improvements are not eligible for REEL financing. REEL is an energy efficiency financing program and solar projects are ineligible, even within the 30% nonenergy efficiency scope.

Extra 30%


Read what participants are saying


Do more with financing

Find out how the Flores family was able to upgrade more than just their water heater with the help of REEL

Learn more

Maziarz family REEL program case study

Historic home renovation

Read how the Maziarz family refurbished their historic home to be more energy efficient and livable

Learn more

Small business

Energy efficient living

Find out why Claudia Flores chose the REEL program for her energy efficiency upgrades over other lending programs

Learn more


Upgrade to comfort

Learn why Sammie Allen chose to use REEL financing to upgrade his air conditioning system

Learn more

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