Reducing energy consumption and improving energy efficiency in our homes and businesses is always a smart investment and may result in saving time, energy and money over the long run. With the availability of financing products, accessing competitively affordable options to help pay for energy efficient upgrades has never been easier.
State-backed Financing Options for Home or Business
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), working with the California Public Utilities Commission, Investor‐Owned Utilities (IOUs) and others, developed energy efficiency financing programs. These programs help eliminate upfront costs, which for many Californians interested in undertaking energy efficiency projects, initial costs can be a barrier. Additionally, the programs were designed to meet the needs of customers that may not wish to, or be able to, participate in more traditional loan programs.
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GoGreen Home Energy Financing
Increasing your home’s energy efficiency and comfort is now more accessible with GoGreen Home Energy Financing. The program offers a variety of financing options to owners and renters in the market to purchase energy-efficiency products and upgrades. Eligible properties include single-family homes, condominiums, townhomes and 1-4 unit properties.
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GoGreen Business Energy Financing
By offering resources for easily accessible financing, GoGreen Business can make energy efficiency projects more doable for California small businesses. In addition to competitively affordable options, the program was designed to combine financing with all available and applicable energy rebates and other incentives. Go Green Business is also available to nonprofits and government entities.
Go Green Affordable Multifamily Energy Financing
Energy-efficient rentals are not only attractive to perspective tenants, but they may also offer overall time and money savings to owners. Financing options are available to property owners seeking to update energy inefficient master-metered, multifamily properties.