ON-BILL FINANCING
for Energy Efficiency Upgrades
Zero-interest financing for business customers.
PG&E offers 0% interest loans for replacing eligible equipment with more energy-efficient models. We’ll help coordinate a loan repayment amount that is in line with the monthly energy savings from your upgrade. Your energy bill shouldn’t increase due to your equipment investment. Once your loan is paid off, you should see savings on your bill.
Loans range from $5,000 to $250,000, with up to ten years for repayment.
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You will receive an email from PG&E that looks like this. Please note that the same person needs to sign both the financing supplement and loan agreement.
5 Steps to Financing
Sign Financing
Loan Paperwork
When approved, you will need to sign a financing supplement and loan agreement online or with your consultant.
Funds Reserved Confirmation
Once you sign the paperwork, you will receive confirmation that funds are reserved for your project.
Schedule your Energy Efficiency Installation
Schedule your installation and once the project is complete, sign the Project completion form provided by the contractor.*
Review and
Sign Proposal
Once financing eligibility is confirmed and you sign your Proposal, Taper will apply for financing on your behalf.
Determine your Eligibility
To determine your eligibility, provide your Customer Tax ID# to your Energy Efficiency Consultant
Sign Loan Documents Online
Please provide your consultant with the name, title and email address for the loan’s authorized signatory. Links to e-sign are included in the OBF email that you will receive from PG&E. Follow the process below for signing up online.
Frequently Asked Questions
A. Read the Disclosures and Consent information. Click on the 'Accept' button to proceed. After accepting - you will be linked to your on-bill financing paperwork.
B. Read the Financing Supplement and enter Business Name Tax ID and 'Accept'. The Authorized Loan Signer should enter the printed name, e-sign and date the document.
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A. Review loan agreement and confirm loan amounts.
B. Select if you want the OBF check to come to you so you can pay your co-pay directly to your contractor, or select contractor for the OBF check to be sent directly to them. If you select contractor you will need to fill out the contractor address and information fields. Taper can provide this information and it may even be pre-populated for you.
C. The loan will be paid on the account and service agreement listed in the customer details column. Please verify these are correct. If check made payable to customer is the preference, complete the customer address. If not, leave customer address blank.
D. Click in the yellow signature area to sign the document.
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Need more help? Download the PG&E On-Bill Financing Handbook
*If you and your contractor have agreed to any changes to the scope of work, a Loan Modification Agreement will be provided for your signature outlining final loan terms.
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