The SCE On-Bill Financing (OBF) program offers qualified non-residential customers 0% financing from $5,000 to $1,00,000 per Service Account (SA) for qualifying projects. All government and institutional customers (i.e. counties, cities, school districts, etc.), business and multifamily property owners are eligible. Customers with multiple SAs may have loans at each SA up to the maximum amount for their segment. Government and institutional customers may bundle multiple service accounts under the same Customer Account Number into a single OBF loan.
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.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | California |
| Incentive Type: | Loan Program |
| Web Site: | https://www.sce.com/wps/portal/home/business/tools/on-bill-financing/!ut/p/b1/nVRNj9owFPwruweOVl5sJ7aPQYWQLN-hdMkF5cvULTiskqLu_vqaFVJLEATqS2xl3ujNvLGt2Hq1Yp0c1CapVamT7fEcu2ub-94giCCYRIM-BF0c-KNwSjgjBrAyALiyPPisFz70BuEEAn8xIxCQGYwjzyMArvXNiq040_W-_m6tqqxYZ |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Maximum Loan: |
Government & Institutional: Up to $1,000,000 per account Business & Multifamily: Up to $250,000 per account Maximum $4,000,000 per Service Account for all customer segments. Exception caps require SCE management approval on a case by case basis |
| Loan Term: |
Government, Institutional & Multifamily: Up to 10 years. Business: Up to 5 years or the effective useful life of the solution providing most energy savings. |
| Interest Rate: | 0% |
| Technologies: | Custom/Others pending approval |
| Sectors: | Commercial, Industrial, Nonprofit, Agricultural, Multifamily Residential |
| Parameters: | The incentive has a maximum of $5000.00, The incentive has a minimum of $250000.00 |
| Technologies: | Custom/Others pending approval |
| Sectors: | Local Government, Nonprofit, Schools, State Government, Federal Government, Tribal Government, Institutional |
| Parameters: | The incentive has a maximum of $5000.00, The incentive has a minimum of $1000000.00 |
| Name: | Program Administrator - SCE |
| Address: |
Southern California Edison Business Incentives & Services Rosemead CA 91772-0001 |
| Phone: | (800) 736-4777 |
| Email: | BusinessIncentives@sce.com |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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