Solar & Battery Regulation & Incentive Programs

SCE - Non-Residential On-Bill Financing Program

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
Utility
State:
California
Eligible Storage Technologies:
Custom/Others pending approval
Website:
https://www.sce.com/wps/portal/home/business/tools/on-bill-financing/!ut/p/b1/nVRNj9owFPwruweOVl5sJ7aPQYWQLN-hdMkF5cvULTiskqLu_vqaFVJLEATqS2xl3ujNvLGt2Hq1Yp0c1CapVamT7fEcu2ub-94giCCYRIM-BF0c-KNwSjgjBrAyALiyPPisFz70BuEEAn8xIxCQGYwjzyMArvXNiq040_W-_m6tqqxYZ
Maximum Loan:
Government, Institutions, and Multifamily: up to $250,000 per account
Business: up to $100,000 per account
Loan Term:
Government, Institutional, and Multifamily: up to 10 years
Business: up to 5 years
Interest Rate:
0%
Applicable Sectors:
Commercial, Industrial, Local Government, Nonprofit, Schools, State Government, Federal Government, Tribal Government, Agricultural, Multifamily Residential, Institutional
Utility:
Southern California Edison Co
Last Updated:
04/04/2019

Eligibility Criteria

EligibilitySectorsTechnologies
min $5000.0000
Commercial
Industrial
Nonprofit
Agricultural
Custom/Others pending approval
max $100000.0000
Commercial
Industrial
Nonprofit
Agricultural
Custom/Others pending approval
min $5000.0000
Local Government
Schools
State Government
Federal Government
Tribal Government
Multifamily Residential
Institutional
Custom/Others pending approval
max $250000.0000
Local Government
Schools
State Government
Federal Government
Tribal Government
Multifamily Residential
Institutional
Custom/Others pending approval

Summary

The SCE On-Bill Financing (OBF) program offers qualified business customers 0% financing from $5,000 to $100,000 per Service Account (SA) for qualifying projects. All government and institutional customers (i.e. counties, cities, school districts, etc.) as well as multifamily property owners may receive $5,000 to $250,000 per SA. Government and institutional customers may also bundle SAs.


The program is open to all non-residential customers, including owners of multi-family units who do not live on premises. Participants must have had an active account for two consecutive years and good credit standing as determined by the Utility. The funds may be used for a wide variety of efficiency improvement projects, and the monthly loan payments will be added directly to the customer's bill. Monthly energy savings help to offset the monthly loan charges. Review the program web site for additional information.