Contractor https://gogreenfinancing.com/taxonomy/term/152 en What determines if a customer is a “small business”? https://gogreenfinancing.com/node/847 <span>What determines if a customer is a “small business”?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">What determines if a customer is a “small business”?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:49</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>A for profit or nonprofit organization can qualify for the SBF program by meeting any one of three requirements:</p><ul class="list"><li>100 or fewer employees, or</li> <li>Less than $15 million a year in annual revenue, or</li> <li>Meeting the SBA definition of a small business</li></ul> </div> Thu, 07 Mar 2019 03:49:49 +0000 Jack Ulrich 847 at https://gogreenfinancing.com Are there any requirements to prove or guarantee energy savings? https://gogreenfinancing.com/node/846 <span>Are there any requirements to prove or guarantee energy savings?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Are there any requirements to prove or guarantee energy savings?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:48</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Measures qualifying using the pre-qualified ESM list method only need to meet any requirements indicated in the list under the measure name. Measures qualifying for an IOU custom incentive automatically qualify for the program. For measures qualifying by the professional certification method, the Certified Energy Manager or Professional Engineer who is certifying the measures must provide an estimate of energy savings. This is not a guarantee but a good-faith estimate of savings based on accepted industry practices. </div> Thu, 07 Mar 2019 03:48:45 +0000 Jack Ulrich 846 at https://gogreenfinancing.com Is participation in utility programs required? https://gogreenfinancing.com/node/845 <span>Is participation in utility programs required?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Is participation in utility programs required?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:48</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">No. While any measure which receives a rebate or incentive from an IOU, REN or CCA automatically qualifies as an Energy Saving Measure (ESM) for the SBF program, participation in utility programs is not required. If desired, OBF financing may be paired with SBF financing to finance components of projects that qualify for SBF, but not OBF. </div> Thu, 07 Mar 2019 03:48:09 +0000 Jack Ulrich 845 at https://gogreenfinancing.com What is the full program launch in August? https://gogreenfinancing.com/node/844 <span>What is the full program launch in August?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">What is the full program launch in August?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:47</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>Full program launch is scheduled for August, 2019. In August, the SBF program will feature more financing companies with more products, allow for all three measure qualification methods and a web-based interface to submit program data. The program will be marketed to small business owners and participating contractors will be listed on the GoGreen Financing website for small business owners to contact and initiate projects.</p> </div> Thu, 07 Mar 2019 03:47:22 +0000 Jack Ulrich 844 at https://gogreenfinancing.com What is the limited launch in April? https://gogreenfinancing.com/node/843 <span>What is the limited launch in April?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">What is the limited launch in April?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:46</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Several participating finance companies will have financing products available in April of 2019, at which time SBF will be available in a limited scope. At this time, Energy Savings Measures (ESMs) may only qualify through the pre-qualified ESM list method. </div> Thu, 07 Mar 2019 03:46:38 +0000 Jack Ulrich 843 at https://gogreenfinancing.com Can electric vehicle charging stations be financed through SBF? https://gogreenfinancing.com/node/842 <span>Can electric vehicle charging stations be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can electric vehicle charging stations be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:45</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>Unfortunately, no. Through SBF, companies provide financing for energy efficiency and demand response measures and some offer financing for nonenergy measures or distributed generation. electric vehicle (EV) charging stations do not qualify for the program.</p> </div> Thu, 07 Mar 2019 03:45:41 +0000 Jack Ulrich 842 at https://gogreenfinancing.com Can new construction be financed through SBF? https://gogreenfinancing.com/node/841 <span>Can new construction be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can new construction be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:44</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">No, this program is restricted to the financing of retrofits to save energy in existing buildings. </div> Thu, 07 Mar 2019 03:44:54 +0000 Jack Ulrich 841 at https://gogreenfinancing.com Can solar panels and battery storage be financed through SBF? https://gogreenfinancing.com/node/840 <span>Can solar panels and battery storage be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can solar panels and battery storage be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:44</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Distributed generation and storage such as solar panels and batteries may be financed, but finance companies will not receive a credit enhancement for that portion of their financing. As such, these installations may be financed at the discretion of the finance company. </div> Thu, 07 Mar 2019 03:44:21 +0000 Jack Ulrich 840 at https://gogreenfinancing.com How do contractor payments work? https://gogreenfinancing.com/node/839 <span>How do contractor payments work?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">How do contractor payments work?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:43</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Participating finance companies will usually pay contractors directly for their work and some offer pre-funding or progress payments for qualifying contractors. Please consult directly with the finance company to explore your options. </div> Thu, 07 Mar 2019 03:43:44 +0000 Jack Ulrich 839 at https://gogreenfinancing.com How is SBF different from On Bill Financing (OBF)? https://gogreenfinancing.com/node/838 <span>How is SBF different from On Bill Financing (OBF)?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">How is SBF different from On Bill Financing (OBF)?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:43</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">OBF is administered by the utility companies and the financing comes from ratepayer funds. SBF is administered by the State of California and the financing comes from private financing companies. Because financing through SBF is provided by private companies, customers will need to pay interest or financing charges in contrast to the 0% interest rate offered by OBF. However, the credit enhancement provided to finance companies through the program means that customers can expect more attractive rates and terms and broader approvals than they would find through private financing outside of the program. Additionally, because SBF is private financing, it is very flexible and can be used for projects that don’t qualify for OBF. SBF projects can range up to $5 million and have no payback period or bill neutrality requirements so measures like HVAC or windows can be financed. Almost any measure that saves energy will qualify through one of the program methods; measures are not limited to those that are part of utility programs. Additionally, some SBF finance companies will include financing for non-energy measures and some offer pre-funding for qualifying contractors. Customers can also choose from multiple financing products and receive fast approvals. </div> Thu, 07 Mar 2019 03:43:02 +0000 Jack Ulrich 838 at https://gogreenfinancing.com